The Best 9 Things Verizon's CEO Said at the JP Morgan Conference

By Michelle Maisto  |  Posted 2014-05-20 Print this article Print

6. Verizon has TV content deals in the works.

"If you look at the video jukebox sort of services—the Hulus, the Netflix, the Kindle Fire—and you create something like that, that a customer can pull down from the cloud what they want when they want it, and you have a much broader array of content—YouTube types of content—… I think that is a very attractive model for us," said McAdam.

He clarified not to expect 80 bundled channels running over OnCue, but content that can be pulled down. Verizon is talking with CBS and ABC and hopes to offer some of their content.

7. Bruno Mars helped Verizon's bottom line.

Verizon is a sponsor of MetLife Stadium, and before the Super Bowl it put up additional cell sites.

"In one hour of this year's Super Bowl, we carried more traffic than the entire game in New Orleans a year ago," said McAdam. "Everyone was shooting Bruno Mars and shooting the helicopters going over and uploading all of that data. It just shows you what the potential could be as video becomes more and more dominant [and] the driver of the network traffic."

8. There are money-making opportunities in Brooklyn's lousy parking situation.

There are very practical implementations in embedding chips in the paint used to outline parking spots, said McAdam. "There is actually an interesting study in Brooklyn that says 40 percent of the fuel burned in Brooklyn is by drivers driving around trying to find a parking spot. I mean, even if it's 10 percent, you can make that more efficient by notifying the car where an empty parking spot is. … There is a lot of interest in that, and I think that is another area of opportunity for us.

9. In the net neutrality fight, a Title II designation isn't the way to go.

"Title II is absolutely the wrong way to go. If you talk to the people in Silicon Valley, they agree. I mean, they signed letters to the FCC calling for an open Internet—I'd sign that exact letter as well, no issue," said McAdam.

A Title II designation, he continued, will "dry up the Internet. … Once you try to start regulating the Silicon Valley companies—I think things move way too fast for a regulatory agency in Washington to keep up with that. So my guess is that cooler heads will prevail here. As I say, Chairman Wheeler understands the business pretty well, and he will certainly hear everybody's point of view. But I don't think Title II is a legitimate threat at this point."


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