Verizon Communications CEO Ivan Seidenberg took a moment at Verizon Wireless' Open Development Conference yesterday to comment on the effect of general economic instability on Verizon's wireline and wireless businesses. Well, he actually said there was no effect, "nothing out of the ordinary," as he put it, that has altered sales figures or general progress. That comment goes against the prevailing industry feeling at the moment that some market indicators are wobbling and only uncertainty lies ahead.
For more:
- read this Dow Jones Newswires brief [1] at CNN Money
Related article:
- Verizon [2] has said before it wasn't being slowed by the U.S. economy
Links:
[1] http://money.cnn.com/news/newsfeeds/articles/djf500/200803191200DOWJONESDJONLINE000822_FORTUNE5.htm
[2] http://www.fiercetelecom.com/story/has-juice-gone-out-telecoms/2008-02-04