Verizon CEO Lowell McAdam was speaking at an investor conference today, and he had a lot to say.
On the AT&T-T-Mobile merger, McAdam said the government needs to tread lightly as the DOJ proceeds with a lawsuit to block the $39 billion merger. A group of House Republicans and another group of Democrats have urged President Obama to push the deal through, saying it will add jobs and bring much needed high-speed Internet to rural areas.
Before the deal could pass, the FCC would have to agree to it. FCC chairman Julius Genachowski and McAdam had breakfast recently and discussed the deal, McAdam said.
“I have taken the position that the AT&T merger with T-Mobile was kind of like gravity,” Mr. McAdam said. “It had to occur, because you had a company with a 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 it in order to take care of their customers, and so that match had to occur.”
On a new mobile OS to compete with iOS (Apple) and Android (Google):
McAdam expects a third “smart phone ecosystem” to emerge to compete with the Big Two, particularly calling out Samsung’s Bada, Microsoft’s Windows 7.5 or RIM’s new BlackBerry platform.
On Sprint getting the iPhone
McAdam said he wasn’t worried about competition from Sprint, even if it gets the iPhone as rumored.
“I have always been very pleased with our performance when we have a level playing field in the market,” he said.