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Verion Wireless CEO Ivan Seidenberg: "The Marines landing on the beach aren't the ones who build the hospitals."

Friday, October 29, 2010

While much of Verizon's growth has come from the acquisition of other telecom companies, Seidenberg has shown a willingness to take risks too, investing $23 billion to deploy fiber-optic lines directly to consumers' homes to offer faster Internet and cablelike television services under the FiOS brand. Yet he still has a chip on his shoulder, especially when it comes to the cool kids of innovation.  

"It's easy for the Silicon Valley companies to look at us and say we have a low IQ," Seidenberg shrugs. "I think the world has changed, and they see a lot of investment that goes into networks and into developing products and services."


Posted by Carlos Olin at 8:26 AM  


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