Verizon CEO: Global Expansion and Possibly the iPhone in Its Future

posted Apr 16, 2009, 3:24 PM by Eric M. Zeman

Speaking in an interview, Verizon Communication's CEO Ivan Seidenberg said the company believes it is on solid footing in the U.S., and will begin to evaluate growing its business outside of the U.S. It will mostly pursue deals that improve its enterprise-level business, and Seidenberg said that the company is not interested in getting into the wireless retail business in other countries. He also noted that while Verizon Communications would like to own 100% of Verizon Wireless, it is unlikely that it will buy out partner Vodafone. Seidenberg also said that he believes Apple will be more willing to work with Verizon in the future on an LTE-equipped version of the iPhone. According to Seidenberg, Apple never considered building a CDMA version of the iPhone due to CDMA's more limited distribution footprint.

more info at Wall Street Journal »

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