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News
Verizon CEO Has Sharp Words for Apple and Jobs
Thursday, June 26th, 2008 at 4:00 PM - by John Martellaro
Verizon chairman and chief executive Ivan Seidenberg had some sharp comments to make about Apple and Steve Jobs in his interview with the Financial Times on Friday. [Subscription may be required.]
The principal focus of the interview was whether, with telco consolidation, his own company might get swallowed up some day, perhaps by Vodaphone -- a current partner.
"We’re not for sale," he said in his interview the Financial Times. "And in case you didn’t get that the first time, we’re not for sale. OK?"
Recently, Verizon bought Alltel, the fifth largest U.S. wireless company in the U.S., propelling its customer base of 80 million customers just above AT&T’s.
During the interview, Mr. Seidenberg turned his attention to Apple and noted that while it’s a great company, Apple still has a very small share of worldwide mobile phone sales. Asked about whether the new price of the iPhone 3G would turn it into a mass-market winner, he scoffed: "There goes the conspiracy again," he said. "You’re declaring them a winner before they’ve earned it on the field."
The Verizon CEO also stated that Apple has no monopoly on innovations. There are all kinds of possibilities for disruptive nature of the smartphone, and he’s bullish on Verizon’s future. "It’s very cool," he said. "And Steve Jobs eventually will get old ... I like our chances."
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