Consolidation in the media and telecom sectors may be forcing the hands of several big pipe players to get into TV, but Verizon (VZ -0.5%) isn't feeling the heat. Speaking on CNBC, CEO Lowell McAdam says despite looking at assets, the carrier has "no interest in a linear content company." He also dropped the name of another city as part of the company's 5G rollout: Los Angeles, adding to previous plans for Sacramento, Calif. There are four cities that will be part of Verizon's 5G launch, but the other two are unnamed for the moment. And he didn't downplay the significance of the move: "I've been in the business since the first phone call in '84," McAdam says, and there's "nothing that will be more disruptive and have more benefit for consumers ... it's just so completely obvious to me." We can't do autonomous vehicles without 5G, he says, and also points to ability to have "lower healthcare costs and better outcomes."

Verizon CEO: No interest in linear content

Technology News

Verizon CEO: No interest in linear content

Consolidation in the media and telecom sectors may be forcing the hands of several big pipe players to get into TV, but Verizon (VZ -0.5%) isn't feeling the heat.  Speaking on CNBC, CEO Lowell McAdam says despite looking at assets, the carrier has "no interest in a linear content company."  He also dropped the name of another city as part of the company'<a  href=s 5G rollout: Los Angeles, adding to previous plans for Sacramento, Calif. There are four cities that will be part of Verizon's 5G launch, but the other two are unnamed for the moment. And he didn't downplay the significance of the move: "I've been in the business since the first phone call in '84," McAdam says, and there's "nothing that will be more disruptive and have more benefit for consumers ... it's just so completely obvious to me." We can't do autonomous vehicles without 5G, he says, and also points to ability to have "lower healthcare costs and better outcomes."" width="300" height="201" />

 

Verizon CEO: No interest in linear content Consolidation in the media and telecom sectors may be forcing the hands of several big pipe players to get into TV, but Verizon

 isn't feeling the heat.

Speaking on CNBC, CEO Lowell McAdam says despite looking at assets, the carrier has "no interest in a linear content company."

He also dropped the name of another city as part of the company's 5G rollout: Los Angeles, adding to previous plans for Sacramento, Calif. There are four cities that will be part of Verizon's 5G launch, but the other two are unnamed for the moment.

And he didn't downplay the significance of the move: "I've been in the business since the first phone call in '84," McAdam says, and there's "nothing that will be more disruptive and have more benefit for consumers ... it's just so completely obvious to me."

We can't do autonomous vehicles without 5G, he says, and also points to ability to have "lower healthcare costs and better outcomes."

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