Verizon CEO says wireless can lead to economic recovery
April 2, 2009
Ivan Seidenberg, chairman and CEO of Verizon Communications, said the wireless industry will contribute to the nation's economic recovery through innovation and new technologies, in an address before the CTIA Wirless 2009 convention in Las Vegas yesterday.
"I do not mean to minimize the challenges we face - as an industry or a country - as we try to get our economy going again," Seidenberg said. "But wireless innovation has been a foundation of our country's prosperity for the last 25 years, and I'm confident that this great and vibrant industry will continue to be a leader as we put our economy back on the path to growth."
The wireless industry must harness the full innovative power of its technology to create tools for addressing the nation's economic and social problems, including public safety, saving energy, improving healthcare and expanding economic opportunity, he said.
Seidenberg urged the industry to focus on resolving compatibility and standards issues, such as developing a common platform for application development. He called the global standards for LTE (long-term evolution, the next generation of wireless broadband technology) "a big step" in that direction.
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