Verizon’s Seidenberg on broadband, China and Cheney
Verizon’s Chief Executive on Tuesday tackled subjects ranging from US healthcare reform, iPhone, China, his lack of interest in a merger with Vodafone and his feelings about former Vice President Dick Cheney.
Here’s a sample of comments he made at an event held by the Council on Foreign Relations on Tuesday.
On the likelihood of a Vodafone/Verizon merger:
“Absent new information a merger doesnt seem to have a lot of appeal.”
Seidenberg said he would hope to carry the Apple device on its next generation mobile network. When?
“It’s their call.”
On China and the battle for an open Internet there:
“What they’re doing in the long term is not sustainable.” He added that Verizon was continuing to work on technology rather than “take them on like Google.”
On Healthcare reform:
Seidenberg said that while something needed to be done to broaden healthcare coverage, the ultimate outcome will likely be more costs for employees. “I think there’s no doubt what companies will do is shift more of that burden to employees.”
On Obama Administration:
“I don’t subscribe to the theory they’ve been deaf to businesses” he said. “I think they’re trying hard.”
“We have to be careful well intentioned policy rules don’t turn into burdensome regulations,” he said.
Specfically he picked on a segment of the plan that discussed how long community centers should be open every day to offer people Internet access, questioning why the FCC should get involved in such matters.
On US competitiveness in technology:
“As a country we dont spend enough on R&D (research and development) and education,” he said noting that he is more worried about this issue for the next ten years than he has been at any other time in his career.
On comparing his road to success with that of Dick Cheney:
Seidenberg said he was “offended” that one questioner at the event compared him to the former U.S. Vice President.
(Photo: Reuters file)