Items tagged with Lowell McAdam

In case you were wondering -- and it would only be natural, given AT&T's recent move -- Verizon Wireless is not the least bit interested in acquiring satellite provider Dish Network. So says Verizon CEO Lowell McAdam, who is well aware of the rumors floating around suggesting Big Red and Dish Network might become a couple. "I know there are reports out there that we are talking to Dish. I can tell you now, that is someone's fantasy. There were not, and there are not, discussions going on with Dish," McAdam said during the Media and Telecom Conference, according to Reuters. Image Source: Flickr... Read more...
When my contract with Verizon Wireless expired a few months ago, I hightailed it over to Sprint, lured to the nation's third largest carrier by its guarantee of unlimited data for life. I could have had something similar with Verizon, as I had been grandfathered into the carrier's unlimited data plan, but that meant paying full price for a phone upgrade. So, I jumped ship, and according to Verizon chief Lowell McAdam, I'll sink with my new carrier because unlimited data just isn't feasible. During an investor conference today, he talked about how the wireless world is becoming more heavily focused... Read more...
Verizon was anything but bashful in revealing its first quarter financial numbers for 2013. Company chairman and CEO Lowell McAdam said, "Verizon is off to an excellent start in 2013," and that's hard to dispute when looking at a 15.3 percent year-over-year increase in earnings per share and a 4.2 percent jump in total operating revenues. Net income for the quarter reached $1.95 billion, up 15.8 percent compared to the same quarter a year ago. Big Red's wireless business grew 8.6 percent year-over-year, part of which was the result of adding 677,000 new subscribers. Verizon's total customer base... Read more...