Verizon's McAdam talks up spectrum, downplays Sprint iPhone
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NEW YORK - Verizon Communications CEO Lowell McAdam said he is not taking sides on whether AT&T should be allowed to buy T-Mobile USA, but he thinks that if the deal is blocked, the U.S. government needs to find ways to get more spectrum in the market.
The U.S. Department of Justice sued AT&T last month to block the deal, stating that it would harm consumers to lose one of the four major competitors in the wireless market. AT&T has vowed to fight the DOJ in court. Sprint Nextel, the No. 3 wireless carrier in the U.S. has been among the most vocal opponents to the deal while Sprint, AT&T's top rival and the No. 1 wireless carrier in the U.S., has remained silent, so far.
McAdam also said that he is not worried about competition from Sprint Nextel, as the carrier is expected to announce its own version of the upcoming Apple iPhone, rumored for release next month."I have always been very pleased with our performance when we have a level playing field in the market," he said.
For more on this story, read Verizon CEO talks up spectrum, downplays Sprint iPhone on CNET News.
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