Fergie's Tech Blog

Verizon CEO Backs Off Executive's Google Slam

Dan Frommer writes on Forbes.com:

Verizon Communications Chief Executive Ivan Seidenberg retreated from a vice president's sharp statements panning search giant Google but affirmed the telecom industry’s desire for new revenue from Internet content companies.

Seidenberg says the market--not the government--needs to decide who will help subsidize the billions of dollars telcos like Verizon are spending to bury fiber-optic pipe across the U.S.

"I love what Google is doing to the extent that they generate more use of broadband," Seidenberg said Thursday. But he added that additional government network regulation is a ruse and that people are trying to "box in" carriers to provide services for free.

posted by Fergie @ 2/09/2006 12:20:00 PM