today 40% of all mobile networks in the world are ericsson mobile networks supporting operators. we have roughly 100,000 employees worldwide, we are based in 180 countries. so we are a company that are doing research and development, getting out products in order to enable the mobile broadband and mobility networks all around the world. we spend roughly $4.5 billion u.s. a year for research and development. >> host: where are you based, and how large in the u.s.? >> guest: we're base inside sweden, it's a swedish company since its inception, however, u.s. is by far our largest market both on volume wise, but also one of the largest -- [inaudible] we have some 15-16,000 -- [inaudible] in the north american market today. >> host: now, when mobile phones in the u.s. started to become ubiquitous, the ericsson name was a familiar brand name, but not today. why is that? >> guest: i think in the beginning of the mobile networks, the mobile phone was an extension of the networks. we actually started, when we started the mobile networks, we also started with the ericsson brand of mobile p

that's the network society. everything is connected in the network, and that was different from what we saw when we started the process of building the networks together. we thought it was you and me calling each other and others said it's a craze, why do i need to move around when i take to you, but today it's given and we transform your life with a form, business, and we transform society by health care, education being resigned, and that's what i'm going to talk about, the network society is here and it's so important that consumer electronics is part of that because they are a huge part of that change. >> 5.8 billion mobile subscriptions at this point world wide and in a recent interview with the consumer electronics association, you said that 85% of the world has a mobile phone subscription. does that raise the issue of spectrum shortage, of spectrum usage? >> i think what we see in the world right now is that we still going to see growth. we believe that over 90% of the population has more coverage by 2015

today 40% of all mobile networks in the world are mobile networks supporting operators. we have roughly 100,000 employees worldwide. we are in 180 countries. so we are a company that is doing research and development and getting contracts to grow mobility all around the world. $4 billion a year in research and development. >> where are you based and how large in the u.s.? >> we are based in sweden. it is a swedish company, however u.s. is our largest market, both volume wise. we have 16,000 employees in the north american market today. >> when mobile phones in the u.s. started to become the thing, the ericsson was a brand name but not today, why is that? >> in the beginning of the mobile networks, the mobile phone was an extension of the networks. we actually started the mobile networks, there was a brand name. after a year, couple of years we made a joint venture with sony that has been going on for 10 years. in october time frame, we are selling that back to sony. sony will now run the mobile handset. so we are leading the handset. it was an extension of the mobile net

in the mail processing network among other things. i'll give you ut background on the changes and why we think they're necessary. i'll also share the proposed changes. i'm allowed to cover tonight. and there are many questions, and hopefully a lot of those will be answered as we go through the presentation. so i'm going to ask that you save your questions, comments and concerns until we're finished with the presentation. we're hear tonight to hear from the community. and we're hoping that you'll focus your questions and your comments and your concerns on service and cost and customer issues. potential employee impacts are summarized in the presentation as well. and labor issues are handled internally in the postal service with the appropriate personnel. let's begin tonight with just a short video that will help illustrate how we process mail today. >> first class mail is declining at a rapid pace because people are mailing less. with less mail to process and deliver, the postal service has to make smart business decisions critical to

2p%g network capabilities differently. so we add a radio program that we literally will start procuring in about the 2014 time frame and we are going to procure based on those economies of scale all the way out to 2030. this is a network kaiblght we're talking about. who would imagine the iphone eight years ago? >> and who could imagine that same iphone would be serving 30 years from now. >> exactly. so you know you're behind before you even start as you start getting halfway through the acquisition cycle or the procurement cycle. so that's one thing that we know we've got to change. it really is sort of leveraging what the industry does. so we've done a great job inside the army of establishing technical standards that are aligned with how industry does it. now we want to incrementally modernize the network over time, much like industry does. so they don't do a wholesale swapout and try to proliverrate it everywhere. they'll go out and use a simple analogy. if they want to change the router that does your network connecti

this network will have the same concerns as any other network. this is something we have to take seriously and protect. one of the technologies that will continue to play a role in our economy both in the public and private sector is cloud computing. we are also seeing consumer cloud applications like the i-cloud, one of the key issues is the challenge of cyber security relating to the cloud. the challenge is to find the balance of continuing to foster american innovation and growth while combatting cyber attacks. for the most part, the private sector will need to be up to the challenge and manage itself and its networks from potential cyber attacks. that said, i do believe that some balance may be appropriate where the government must work together in partnership with the private sector to enhance our cyber security preparedness. simply put, one cannot do it without the other. small businesses, many rely on the broad band economy are vulnerable to cyber attacks. in these instances small businesses do not have a plan or lack the resources to figh

today 40% of all of the mobile networks in the world's our networks supporting operators.have roughly 100,000 employees worldwide and 180 companies. so, we are a company that is doing research and development getting our products to enable the mobility and the networks all around the world. we spend 4 billion u.s. dollars a year for the research and development. >> where are you based and how large in the u.s.? >> we are based in sweden, it is a swedish company however the largest markets we have some 15 to 16,000 employees in the north american market today. >> now, mr. vestberg, when mobile phones in the u.s. started to become ubiquitous the ericsson name was a familiar brand name, but not today. why is that? >> i think in the beginning of the mobile networks, the mobile phone was an extension of the networks. so we actually started the network with ericsson mobile phones and then after a couple of years we merged with soa ericsson and made a venture with sony erickson that has been going on for 20 years, and in october timeframe last year we decided to speak up and we a

everybody is using ip, mpls- based networks. that is the network cloud. the network guys realize that in order to build a network service, they had to put these things called switches and routers in a room that had high quality power, guard dogs out front, and not located on a fault line, right? since the advent of data centers. many companies enter into the market. it is no

nsa can see the globe, see it at network speed, network speed. what does that mean? fo tokyo to new york is 30 mil milliseconds. if you see it, it has to be seen with machines. if you react to it, you have to do it with machines. if you see an attack or a penetration or whatever it might be, you have to block it at network speed. the current drafts, while they're very important and we need them, the concerns about privacy and the concerns about regulation that might touch industry are not allowing us yet to get to the point where we do the things in legislation to set the legislative framework to allow us to harness the best of government, what's needed from government, what's needed from the private sector in a way that we share the information and move at network speed. there's information in both drafts about information sharing. having been an observer and a participant in the government side and private sector side, particularly focused on information sharing, i submit that unless it's required by law or its an incentivized in a significant way, you will not hav

network. as we have announced previously, we have distribution agreements with four of the most powerful cable companies in the cable industry. including comcast, time warner, cox, and brighthouse. if you live in the bay area, we will be part of your basic cable package with comcast. i would like to acknowledge and thank our new neighbor, the leader of comcast sportsnet. for his help in this process. when you live in a neighborhood, some neighbors swap eggs for making cookies. we will be swapping television cameras with ted's group. as part of our programming mix, we will televised 850 live sporting events across our 12 campuses each year. that does not include hundreds more that we will eventually strain on our digital network. our event mix will include 34 football games, over 125 men's basketball games, over 40 women's basketball games, and another 650 olympic sports events which our conference dominates on an annual basis. in fact, the pac 12 has won several competitive championships. what

the filipino womens' network. the literacy initiatives international foundation. the filipino-american art's exposition. philippine news. the san francisco manila sister city committee. last but not least, the bay area fashion week. we congratulate all the awardees that the certificates of recognition from the office of the mayor, and where most honored to be part of these excellent milestones through our partnership with these organizations. thank you for bringing fame and glory for the filipinos to our community through your work in through your contributions. like modern heroes, you have become the torchbearers for all filipinos. shining your light in who we are, what we're here for, and who we can become. may you all continue to highlight our values, the richness of our culture, and the honor of our people. we only have one wish for all of us global filipinos -- [ speaking foreign language] wherever we are and wherever we go, let's always remember that we are filipino. [speaking foreign language] [applause] >> and now, please welcome your host for tonight, sen

because they can connect up over networks. sometimes they can insert somebody. or it's a combination of the two. it's giving somebody a thumb drive that they wind up putting into a laptop or careless newness on the human operators on the machines who decide they're going to bring their home device in which is riddled with, you know, malware and stick it in because they want to play music and hear it on the head phones. you have to look at this as a series of problems. one of the big mistakes i think we made historically is to think there is one solution here. if you can just find the right tool, our problems are over. you're never going to find that tool. it's going to be a lot of different tools. and by the way, at every enterprise whether it be government or private, it's going to be facing somewhat different threats and consequences. so what works or is important in one area will not be very important in another area. the second point i like to make is an 80% solution. and here i would say remember this -- it's the natural tendency of people who are trying to

i love social networks.i don't want to see people branding themselves where it's the rich families to hire children. and now they've got someone starting when the kid is too because that's when you get a facebook pager parents start putting things on to make sure you are only saying the smartest clever things, i want it open but i want it protected. >> why would you want it open? i am the mother of two teenagers. trust me, i don't want their information open, and facebook does now offer -- they have learned because there was a huge backlash from users, and they have made privacy settings more transparent and as a reporter that looks at facebook pages i will tell you there are a lot more people that have their fees the page's pride that i've noticed, so the tools are there for people to control and manage their information and what we need here is a public education campaign for parents, for educators, for people about how to use these tools responsibly. >> we are still adopting at the society and we are stil

i love social networks.i don't want to see people branding themselves where it's the rich families to hire children. and now they've got someone starting when the kid is too because that's when you get a facebook pager parents start putting things on to make sure you are only saying the smartest clever things, i want it open but i want it protected. >> why would you want it open? i am the mother of two teenagers. trust me, i don't want their information open, and facebook does now offer -- they have learned because there was a huge backlash from users, and they have made privacy settings more transparent and as a reporter that looks at facebook pages i will tell you there are a lot more people that have their fees the page's pride that i've noticed, so the tools are there for people to control and manage their information and what we need here is a public education campaign for parents, for educators, for people about how to use these tools responsibly. >> we are still adopting at the society and we are stil

the idea of a secure network, stand alone secure network doesn't make any sense. people bring their iphone to work and they plug it in to charge. we have seen that happen twice with allegedly isolated air gap network, so forget it. we need to think about securing the industrial control systems, networks. this is an avenue of attack. it's a different kind of network technology. right now it's not produced -- it's the typical thing when you buy it, the password is password and the user name is admin. it doesn't take a lot of activity for foreign opponents to figure it out. people also need to look at how their critical infrastructure connects to the internet. when you talk to nuclear company, for example, they'll usually tell you we're not connected. when you do the actual survey, what you find is, you know, sure. so we need to have some way to bring the industry, some companies do great. others need help. we need to figure out how to do that. >> the good news is a lot of these industrial control systems are the same across the sectors. if you can get best practices

russian networks will be increased by fifty percent. along with the shovel and welcome to the show thank you very much for being with us well let's start with the webcams which is is it really a process unprecedented in world history to have webcams inside the polling stations. perhaps not but big stones you know will be as you've said it two hundred thousands of webcams stations all over the country in each and every polling station and to have a network with two thousand webcams transmitting single tenuously doing unlimited number of uses it is unprecedented and the world history of very high technology just how detailed will be i mean the picture of what will be the quality of the cameras will be really allow the viewers to see some irregularities that may happen during that there were two cameras the each they could be in station. their proximate speed of transmission will be five hundred twelve but the second it's pretty high quality and a lower elevation but you may see it's not a very high definition but it's enough to to see to

telecom companies every year invest in the networks and comparable. solutions about three hundred building rubles so with so it's just just slightly. under five percent your camera deal can be can be comparable variable with the so-called national projects i mean you have to act absolutely but if you take the scale of the project and in the time framework. it's going to be a record for sure that's a very you believe that one day the voting itself and i mean the election will maybe organize through the internet without any posting technically technically it is possible even now but there has to be. certain degree of the public trust and confidence in how those systems today any work if we look at the if i'm sorry if we look at the rallies that are going on in moscow yes today that the lead the public seem to have more trust in the voting in the internet than in the voting and the probably station so what you say is that if you're the government which voting to the internet yes. there will be less trust in that. we have all we have to do to you know to

it enables an adversary to use it to get into your network. i'll simplify it a lot. peep want to use the home device at work and once the -- they can launch an attack into the enterprise network because companies are letting people use the small devices. there are technologies to lock it down. we do it and do it worldwide. but you are looking at a massive explosion of the small devices. these devices leverage the cloud because they do not have the processing power that the big machine does. so you have to watch that data at rest and shared resources, your personal information is all over that phone, pictures of your friends and family, and location, if you lose it you want to have the remote capability to destroy it. it's a wonderful device, but it access to all the critical infrastructure, and has access to now your personal information, it brings a wonderful nuisance of fun to computing but it brings dangers for us to get out in front of. because moblity is growing. >> every now and then i talk to hackers to see what they are up to. one of them told me that price t

network or radio network has to sell advertising to corporations you wind up with problems which is why perhaps just the politics out of show is not probably the same reason glenn beck show is no longer red fox news there's a real problem selling a anti-libertarian being anti-corporate keeling on a network that has to take action corporations and that's just reality of life but number two libertarians christine can make a change that sells libertarianism for number two and the problem is i don't know if you're a football fan but since you vote is the most exciting football player in america today and after his last playoff victory forget about football it was a football big dream but ninety six million people all over the world googled john three sixteen is favored political saying after he won that game what makes tim tebow so special that he could sell religion will play a football game enthusiasm energy passionate the libertarian party doesn't have a lot of spokesman who have been through seattle who have energy who speak out of motional level to americans instead of an intellectual

robert dicks, who isjuniper networks which i believe is from your district? >> proudly. >> thank you. we are delighted to have you here, thanks f s for coming th distance to share your information with us. >> good morning, thank you for inviting me to testify about cyber security, our network is a publically held company held in sunnyvale california. the networks are embedded this all manner of the nation's infrastructure, including power plants and water systems and transportation met works name a few. networks have shown to be resilient but the risk continues to grow and change and our efforts must be sustained. we are working every day to protect against cyber threats through industry collaboration and partnerships with government. let me share just a few examples. in 2007, a group of private companies came together to address the developing of software products. a group of companies set aside their competitive interest to deliver a series of written deliveriables that are available to the at large. they addressed the need for global response by forming th

one of the reasons is the networking disconnect where people show up at networking events and they'reell. if you ask them, i'm here to buy, nobody's there to buy. so after trying to sell and not build relationships -- >> like a competitiveness instead of cooperativeness. >> the collaboration is key. and women are better at it than men. >> why is that, ivan? >> it's based on a survey we did of 12,000 business professionals and found out that women were more likely to be collaborative, to be relational and men were more likely to be transactional, hi, my name's ivan, what's your business? >> hoda, your point, the word networking scares us. schmoozing and -- >> yeah. phony. >> yeah. in essence it's about meeting people and finding a genuine connection, learning something about this group of people, you know, whether you check in on linkedin, whatever that is, so you know something about them so it feels natural. if it feels more natural to you, it will to them. >> are men not treating women well? the way we teased, we said you won't believe story. >> absolutely. we had open-ended questio

this new network will share many of the same cyber concerns as any other network. this is something we have to take seriously and must protect. moreover, our economy continues to experience ever evolving ingenuity and innovation in the american technology industry. one of those technologies that will continue to play a prominent role in the economy, both in the public and private sectors, is cloud computing. we also see consumer cloud applications like the icloud. one of those key issues is the challenge of cybersecurity relating to the cloud. the challenge is to find a critical balance between american innovation and growth call combating cyber attacks. for the most part, the private sector will need to be up to the challenge in managing itself and that the networks from potential cyber attacks. that said, i do believe that some balance may be appropriate where the government must work together in partnership with the private sector on enhancing our nation's cybersecurity preparedness. simply put, one cannot do it without the other. small businesses, many of whom

a network ahead.n idol is in it's 11-th continue to tune in every week. has provee it has power to oww - transform ordinary people... like carrie underwood into dold is here to talk about a woman that is ggtting her phance at fame... all because of a fox45 contest. hallie is truly a remarkable woman... not just for er talent, but because of the pbstabbes she haa overcome in to find out more.here's aa closer look at hallie day's journey of "finding fame." fame." p, 3 of tte auditiin) 3 american idoo... ccntinues... tonight... foo45.we will continue to x45.-3 track hallie's progress.i wiil be traveling to los angeles to meet up with this seasons finalists.... and have a live report from hollywood next at ten. great moments.... captured on camera... for our ammsement. amusement.cooing up... a man puts on maaeup... a rporter gets upstaged... and sommone flashmob. wow, look at this bed! this nightstand! this wardrobe! what are you doing here? you're in ikea. my dream bedroom is in ikea? yes. what's that be

an existing social network the each individual within the network supplies when you join the ripple network you specify the individuals that you trust in the same way that you might make friends in facebook you can then offer to those trusted parties credit line and that credit line could be in any currency you like it could even be. so the function of this system is essentially to create a fully distributed credit system so that there is no no necessity to rely on any centralized banking authorities to create credit or to set interest rates or all of the kinds of things boat overall what we're seeing develop and it's quite early days is an ecology or i believe what we're going to see in the near future is increasingly people experimenting with different kinds of peer based financial functions so we talked about said. which is a payment function we've talked about ripple which is a can create a system but also the functions that could be supplied in this way such a store of value for example ok so let me cut any air david has to put us in the context of what's driving these virtual

this new network will share many of the same cyber concerns as any other network. this is something we have to take seriously and must protect. moreover, our economy continues to experience ever evolving ingenuity and innovation in the american technology industry. one of those technologies that will continue to play a prominent role in the economy, both in the public and private sectors, is cloud computing. we also see consumer cloud applications like the icloud. one of those key issues is the challenge of cybersecurity relating to the cloud. the challenge is to find a critical balance between american innovation and growth call combating cyber attacks. for the most part, the private sector will need to be up to the challenge in managing itself and that the networks from potential cyber attacks. that said, i do believe that some balance may be appropriate where the government must work together in partnership with the private sector on enhancing our nation's cybersecurity preparedness. simply put, one cannot do it without the other. small businesses, many of whom

i love social networks.i don't want to see people branding themselves where it's the rich families to hire children. and now they've got someone starting when the kid is too because that's when you get a facebook pager parents start putting things on to make sure you are only saying the smartest clever things, i want it open but i want it protected. >> why would you want it open? i am the mother of two teenagers. trust me, i don't want their information open, and facebook does now offer -- they have learned because there was a huge backlash from users, and they have made privacy settings more transparent and as a reporter that looks at facebook pages i will tell you there are a lot more people that have their fees the page's pride that i've noticed, so the tools are there for people to control and manage their information and what we need here is a public education campaign for parents, for educators, for people about how to use these tools responsibly. >> we are still adopting at the society and we are stil

everybody is using ip, mpls- based networks. that is the network cloud. the network guys realize that in order to build a network service, they had to put these things called switches and routers in a room that had high quality power, guard dogs out front, and not located on a fault line, right? since the advent of data centers. many companies enter into the market. it is not a trivial market to enter. the cost of building these things, by the way, is $1,000 per square foot, which is expensive even by california standards. cost of power dominates this. this has been an interesting space for a variety of reasons, and i will leave it there, but datacenter clouds services is the other component being delivered, right? finally, i will introduce you to last things. first is something that have been very innovative about five years ago when jeff bezos said he would deliver computers and storage as a cloud service. everybody thought that he was crazy. like why the hell are you doing this? oh, can i say that? why are you doing this, right? they have not released

sometimes they do because they can connect up over networks. often it is a combination of giving someone a sub-drive and a laptop or carelessness on the human operators on the machine. they might bring their home device in which is riddled with malware and they want to play music. you have to look at this as a series of problems. one of the biggest mistakes we have made historical is to think there is one solution. you are never going to find one tool. there will be many different tools. every enterprise whether it be government or private is going to be facing some different threats and consequences. what works or is important in one ear will not be very important in another area. remember this -- there's an actual tendency of people who are trying to penetrate a network were still something to use the cheapest, least effective tool they can and still get away with it. if they have to, there will escalate to a more sophisticated tool but they like to keep the best tools in the box until they really need them. when you drive security up to a hi

again, going to the network. 546 million included in our request under the network. i'm sorry. $546 million in total for the network of which sides 278 million is for wynnt funding inkra minute t giving on the move and command control capability. also included, distributed common ground system army, $41 million. that's the army component of the d.o.d.-wide family isri systems for the army that let's us take a number of i think nine independent systems and collapse them into one. i want to mention briefly network integration evaluations. this is a tremendous success story for the army and a good source of resources and true key to our modernization strategy. we're doing two we are per year. what we do in the nies, attributable to the way information technology makes general leaps much more quickly than the defense acquisition process tends to move. so what we're able to do in the nies, in partnership with our industry partners, we're able to concurrently test integration of capabilities before we begin to invest in significant procurement. we've had tremendous savings

and the opportunities that present themselves to the network and to expand that. and where better to bring a cycling delegation than to the city of san francisco, a city very much on the verge of, i think, turning the tide in favor of cycling where there are 40-some-odd, 43-plus projects waiting in the wings for the environmental lawsuits to come to a close. so it is very exciting to have the opportunity for the delegation to come here, and i think the timely honkly, could not be -- honestly, could not be better. they have spent just over a day in the city of oakland doing a bit of a bike tour, meeting with elected officials there and a community open house last night where we had 80 folks turn out to listen to their talk. the other thing, obviously the public support and the public interest in this issue is alive and well and i think it's wonderful to see. i will also say that none of these events will be possible without some of our local sponsors. i specifically would like to call out the financial support we received from the bay area air quality management di

significant the blackout is and as far as corporate news goes the networks a.b.c. c.b.s. and n.b.c. you have to go back to two thousand and one that was the last time alec showed up network news yeah the unfortunate world that we live in where charlie sheen is the one makes it into the new york times all the time i really fear is jobs here you know your thoughts on this leave the h.s. report that we got the stratfor e-mails were put out there at first glance you look at it and you see that it's been all put together through open source. tiriel right it's just link to articles from the new york times from the guardian from bloomberg it's really a painfully i guess you could say simple it doesn't really seem to have a whole lot of depth to it but aside from that do you find it troubling i mean should we have expected that the h.s. was going to be monitoring occupy movement or at the end of day that's still wrong that they were doing it. well i think that this just confirms what a lot of activists already suspected there have been various sightings of p.h.s. bands and suspected agents

our business is based on this global network. if our global network is competitive it will grow. so will we, both around the world and in the united states. with respect to tax profile we're a full-rate taxpayer. we are effective tax rate has not been below 45% in more than 20 years. this is a real competitive disadvantage for us. we're also troubled by other aspects of the current corporate tax code creating distortions and economic decision-making and diverts capital from its most efficient and effective use and it leads to lower wages and employment. like many of you in congress, our company has also been evaluating and even modeling some of the tax reform proposals. we look at these from the perspective of both what is good for our country and what is good for our company. overall, we believe the ideal corporate tax system would include materially lower tax rate. something at least close to the average oecd rate, along with capital vimt incentives like 100 percent expensing. we've said, however, if tax reform must be revenue neutral, so be it. we're willing to put all base br