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Lowell McAdam

Verizon considered Hulu buy, may challenge Netflix streaming service next year

December 7th, 2011

Verizon CEO Lowell McAdam recently took the stage during a UBS conference in New York where he explained that Verizon once considered purchasing Hulu. McAdam did not comment on another rumor, which suggests that Verizon is working on building its own video streaming service that could compete with the likes of Netflix and Amazon. Reuters first reported …

45,000 Verizon workers on strike for second day

August 8th, 2011

45,000 Verizon employees, or about 25% of the company’s workforce, continued their strike on Monday after the company failed to reach an agreement with labor unions, Bloomberg reported. It is the first strike in 11 years at Verizon and it could end up affecting customers waiting for new phone and web installations or phone support, …

Verizon expected Apple’s iPhone 5 this summer, but CEO says launch coming in fall

July 22nd, 2011

Newly appointed Verizon Communications CEO Lowell McAdam is already making waves. While fielding questions on Verizon’s earnings call on Friday, McAdam let slip some interesting notes regarding Apple’s fifth-generation iPhone. The executive was asked by an analyst if he thought Verizon Wireless would meet earlier estimates projecting that smartphones would be in the hands of …

Verizon COO: AT&T/T-Mobile merger will ‘probably go through’

July 21st, 2011

Speaking during a recent Fortune Brainstorm Tech conference, Verizon’s Chief Operating Officer Lowell McAdam said he expects AT&T’s proposed $39 billion acquisition of T-Mobile USA to be approved by government regulators. “I’d say the merger will probably go through,” McAdam said. “It’s a merger AT&T probably had to do.” While other carriers such as Sprint …

Verizon CEO confirms $30 unlimited data plan for iPhone 4 [updated]

January 25th, 2011

Verizon CEO Lowell McAdam on Tuesday confirmed to The Wall Street Journal that Verizon Wireless will offer a $30 unlimited data plan for the iPhone 4. McAdam said that offering the iPhone with a capped data plan would create an unnecessary barrier for customers looking to switch from AT&T. “I’m not going to shoot myself …

Verizon confirms tiered pricing for LTE data

May 27th, 2010

Speaking to a crowd of investors at a Barclay’s conference this week, Verizon Wireless CEO Lowell McAdam said that the introduction of its LTE network later this year will see the company introduce tiered data plans. According to McAdam, one of the reasons Big Red has opted to go this route with its next-generation network …

Verizon Wireless CEO confirms BlackBerry Tour is coming soon

June 13th, 2009

Speaking at a recent Barclays Capital conference in NYC, Verizon Wireless president and CEO Lowell McAdam discussed Verizon’s upcoming handset portfolio, again. Without revealing any release dates and sticking to his “six month” time frame, McAdam said: You will see devices like the Palm Pre and the Cousin on our network from Palm. You will …