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Verizon Wireless CEO says open networks can drive market growth

02 апреля 2008

Verizon Wireless Chief Executive Lowell McAdam said Tuesday there remains growth opportunity in the wireless business with future open networks and different mobile devices.

"If you think it's a maturing industry, think again," he said during a keynote speech at the CTIA Wireless 2008 trade show here."Don't think 80% to 90% penetration is a ceiling when we can make it the floor."

Various wireless devices beyond cellphones, such as bracelets monitoring patients, can create new markets, he said, and the idea of open networks with multiple devices will enable that.

McAdam has a reason to be touting open networks. Verizon Wireless, jointly owned by Verizon Communications Inc. and Vodafone Group Plc, recently said it would open its network to handset makers and third-party developers.

Verizon Wireless partly did so to avoid regulation by the Federal Communications Commission. McAdam railed against regulation."Regulation is backward, dangerous and just plain dumb," he said.

The industry can avoid this "danger," but will need to "discard some baggage" and change longtime industry practices, McAdam said at the conference.

Источник: Total Telecom

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