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Verizon Supports New Spectrum Initiative
Verizon Wireless has announced the support for President Obama's Spectrum Effort. According to a memorandum signed today, President Obama proposed nearly doubling the airwaves available for new types of wireless services and increased Internet connectivity. The President called for making 500 MHz of spectrum available over the next 10 years.
Verizon Wireless President and CEO Lowell McAdam commended the President’s push for new airwaves to enable additional high-tech connectivity:
“We applaud today’s announcement. 500 MHz of additional spectrum will fuel broadband innovation, competition and job creation for decades to come. Policy makers should resist the temptation to add regulatory strings or obligations that would encumber this national resource from being put to its highest and best use said" said Lowell McAdam.
“President Obama’s call to harness this spectrum for the good of the American people brings a critical opportunity to provide public safety organizations with the incremental spectrum and funding they desperately need. This small step will help ensure that police, fire, safety and emergency service professionals can communicate with each other and have access to the incredible new generation of wireless products, services and bandwidth that are transforming our nation" further he added.
Verizon Wireless serves nearly 93 million customers and expects to commercially launch its LTE 4G network in up to 30 markets in 2010, covering 100 million people.