Published May 16, 2020

Rapid Response: Future-proofing Verizon, with CEO Hans Vestberg

Verizon CEO Hans Vestberg delves into the company's crisis management and technological innovations during the Covid-19 pandemic, highlighting leadership restructuring, employee engagement, and the pivotal role of connectivity in fostering global equality.
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Episode Highlights

  • Global Equality

    Hans Vestberg emphasizes the critical role of technology in promoting global equality, especially during the pandemic. He believes that technology, particularly mobility, broadband, and cloud, can provide equal opportunities for everyone, regardless of their location 1. Vestberg also discusses Verizon's commitment to societal responsibility, such as keeping customers connected even if they can't pay due to Covid-19 impacts 2.

    The principles I believe in have been firm for the last ten years. Technology is the only way to bring equality to this world.

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    These actions, he argues, will strengthen the company and benefit shareholders in the long run.

       

    Connectivity

    Vestberg discusses the balance between maintaining employee safety and ensuring robust connectivity, which is crucial for hospitals and crisis centers 3. He also addresses the unexpected conspiracy theories linking 5G to Covid-19, emphasizing the importance of combating misinformation 3.

    5G is such a fantastic and powerful technology that's going to bring so much to our society that we haven't even understood yet.

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    Additionally, Vestberg explains how Verizon's crisis and business-as-usual teams identify new opportunities, like the acquisition of BlueJeans, to adapt to the new normal 4.

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