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VerizonCommunications posts

Verizon CEO doesn't care about landlines anymore, feels 'liberated' by new outlook

by Ross Miller posted Sep 17th 2009 @ 8:42PM

Verizon Communications CEO Ivan Seidenberg isn't too upbeat on the future of landlines, telling the audience at a Goldman Sachs investor conference today that the company is just not interested in telephones connected with wires. The chief exec of one of the nation's biggest telecommunications firms continued with his gospel, saying his "thinking has matured" and that trying to predict when the dwindling landline business will plateau is akin to "the dog chasing the bus." He says the new way of thinking is "liberating," but of course, endeavors like the Hub technically don't count as landlines to the company since it'sVoIP, and the coupled with its continued success as the largest cellular provider in terms of subscriber base, yeah, we're sure it's not too tough a pill to swallow. So how abut ramping up FiOS installations just a wee bit faster, eh Ivan?

Verizon's LTE vendor partners to be revealed at MWC

by Ross Miller posted Feb 10th 2009 @ 6:35PM

Looks like Verizon's LTE (Long Term Evolution) service might be on track to launch this year, after all. Speaking at a Digital Broadband Migration event at the University of Colorado at Boulder, executive VP and CTO Richard Lynch said the company's in the final stages of selecting vendor partners, and they'll be announced at next week's Mobile World Congress in Barcelona. He also reiterated that service, which they've been trialing in conjunction with Vodafone, will co-exist with its current 3G platform. He said all vendors have been told that the they need to be and running this year. Hey fellas, let's not let Lynch down here.

Hey Vodafone, Verizon called, it wants its Wireless back

by Chris Ziegler posted Jun 28th 2008 @ 9:31PM

Verizon chief Ivan Seidenberg gave a particularly candid interview with the Financial Times recently, revealing that he'd like to see Verizon take full control of Verizon Wireless -- a joint venture with Vodafone in which Verizon holds 55 percent -- given that Verizon is "doing 100 percent of the work." Zing! Despite saying that Voda's "been a great partner," the bulk of the conversation makes it sound like relations are definitely strained between the two telecom giants, and Seidenberg thinks that once bigwig Arun Sarin hands over the Vodafone reigns to Vittorio Colao next month, "maybe he'll want to do something different." You know, "different" as in "sell off $60 billion worth of Verizon Wireless to Verizon Communications." Also interesting is Seidenberg's revelation that Sarin wanted Verizon to snap up Alltel last year before it sold to private equity firms, but thanks to Verizon's majority on the VZW board, they were able to put the kibosh on the plan, apparently over concerns that they'd end up in a nasty bidding war. Alas, all's well that ends well, we suppose.

[Via mocoNews]