In what has to be a very broad swipe at AT&T, Verizon chief Ivan Seidenberg is basically telling the investment community to cut the copper cord and get on a fiber or copper light diet.
In a speech yesterday Seidenberg disclosed that he may have been a tad behind the curve in realizing what the market needed. I'd say, he got it faster than former AT&T chief Ed Whitacre who is now trying to wrestle GM from disasterland.
Verizon is right now all about two things-mobile via LTE and high speed Internet via FIOS, their fiber to the home solution. Both approaches make sense, and when you look at their vision vs. AT&T's which is all about ONE NETWORK, you have to realize that one company is doing all it can to grow, while the other is looking simply to maintain to get more.
Right now, from a technical perspective both companies are looking to make advances, however from a more modern technical perspective, Verizon's geographical compactness makes them a far bigger threat to grow faster with a better technology to homes and businesses with FIOS vs. AT&T and a smartened up, juiced up DSL product named uVerse that is a hybrid of all kinds of wireline technology.