9 of 13Image
Dan Hesse, CEO of Embarq, the new local phone company that will be created when Sprint Nextel spins off its wireline business later this year, tells attendees at the TelecomNext trade show on Tuesday that current regulations do little to encourage telecoms to invest in rural regions. He also encouraged local phone companies to work together to develop new standards for the industry.
Disney CEO Robert Iger, one of the keynote speakers Monday at the TelecomNext trade show in Las Vegas, said that customers are king when it comes to buying telecommunications and broadband services. But Iger warned of issues that could slow innovation, including government overregulation and inadequate digital rights management.
Verizon Communications CEO Ivan Seidenberg said Monday that consumers are already clamoring for the company's high-speed Fios service, which is based on a fiber-to-the-home network. Consumers have been adopting the service--where it's available--faster than any other new service Verizon has introduced, Seidenberg said.