Verizon CEO on rising competition: Bring it on
Verizon CEO Lowell McAdam isn't afraid of his competitors' efforts to raise their game; he welcomes the moves.
"My view is, bring that stuff on," he said during an investor conference today. "I mean, we have got a great network, and I think it will be good for consumers and so it is good for the industry."
McAdam touted the large lead Verizon enjoys when it comes to its 4G LTE deployment, which he credits for the wireless business scooping up market share when it comes to lucrative contract customers. He believes the other national carriers are well behind and will take a while to catch up.
"Now, I have built networks my whole career, and you don't make up the kind of lead that we have got in a couple of quarters," he said.