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

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?

Filed under: Cellphones

Verizon CEO doesn’t care about landlines anymore, feels ‘liberated’ by new outlook originally appeared on Engadget on Thu, 17 Sep 2009 20:42:00 EST. Please see our terms for use of feeds.

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This post is tagged: copper, copper line, copper wire, CopperLine, CopperWire, fios, hub, industry, ivan sedenberg, IvanSedenberg, land line, landline, phone, seidenberg, tele phone, telephone, Verizon, verizon communications, VerizonCommunications