Verizon Communications CEO Lowell McAdam wants Congress to take a tougher stance on rules governing bidding in spectrum auctions, and called out Dish Network in particular for its bidding strategy in the AWS-3 auction. In a letter to key lawmakers, McAdam also urged Congress to be more proactive in regulating telecommunications, curb the FCC's recently approved net neutrality rules and rewrite and update the Telecommunications Act.
Well, that didn't take long. Broadband industry trade group USTelecom and a small Texas-based ISP, Alamo Broadband, filed lawsuits challenging the FCC's recently approved net neutrality rules. However, the petitions are likely going to be tossed out for being filed too early.
Verizon Communications, AT&T, Comcast and other carriers and ISPs are likely going to let industry trade associations take up the legal fight against the FCC and sue the agency over its net neutrality rules, according to a Reuters report.
Verizon Wireless is not that worried that cable MSOs will start eating into the wireless business with Wi-Fi-first business models, according to a senior Verizon executive. At an investor conference today, Verizon Communications CFO Fran Shammo touched on several hot-button issues for Verizon and the wider industry, including new FCC regulations on net neutrality and data roaming.
Longtime telecom executive Tony Melone, Verizon Communications' executive vice president of network, is retiring from the company.
Software-defined networking (SDN) and network functions virtualization (NFV) are becoming more than network technology buzzwords. Both SDN and NFV sound like promising technologies for operators, saving them money in the long run and enabling the rollout of faster services as carriers increasingly compete with over-the-top players. Special repo rt.
FCC commissioner Ajit Pai sharply criticized rules that allowed Dish Network to claim more than $3 billion in discounts aimed at small businesses during the government's just completed AWS-3 wireless spectrum auction.
Cablevision sued Verizon in federal court in New York, alleging that Verizon made false and misleading claims about the MSO's Wi-Fi service in its ads. Verizon has run TV and radio commercials in the New York metropolitan area claiming its Wi-Fi is "the fastest Wi-Fi available" from any local provider.
Verizon Communications may be talking to AOL about a potential content partnership, but it is not interested in acquiring the company. Speaking at the 2015 Citi Global Internet, Media & Telecommunications conference in Las Vegas today, Verizon Chairman and CEO Lowell McAdam said that yesterday's Bloomberg report claiming that Verizon approached AOL about a potential acquisition or joint venture is inaccurate. "I think of AOL and a lot of other media companies as potential partners," he said. "But saying we are having significant acquisition discussions is not accurate."
Claiming that Verizon Communications has always operated under an open Internet policy, company EVP and CFO Fran Shammo said today that he is confident the FCC will make the right decision regarding net neutrality. However, he added that if the regulation should pass, he is concerned that it will create a very litigious environment.