Tag Archives: verizon ceo

Verizon CEO Says Yes To AT&T/T-Mobile Deal While AT&T Says Sprint Has Ulterior Motives

Speaking at a Goldman Sachs investor conference, Verizon CEO Lowell McAdam defended the AT&T/T-mobile deal and highlighted an understanding over the industry’s spectrum crunch. “I have taken the position that the AT&T merger with T-Mobile was kind of like gravity,” McAdam said. “It had to occur, because you had a company with T-Mobile that had the spectrum but didn’t have the capital to build it out. AT&T needed the spectrum, they didn’t have … [read full article]