Ericsson CEO: the Networked Society Is Near

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ORLANDO , Fla. (TheStreet) -- Ericsson CEO Hans Vestberg predicted a brave new world where society is transformed by high-speed networking during his keynote at the CTIA 2011 wireless show Tuesday. "We believe, that by 2020, there will be 50 billion connected devices on the network -- that will change a lot of industries," he said, explaining that over the next five years, two-thirds of all ...

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