said by majortom1029:
Well he is kinda right. verizon did announce no more fios rollout .
Ivan Seidenberg practically admitted that the reason was that Verizon wants government money from Obama's proposed National Broadband Plan. Verizon isn't the only one that has slowed their investment in telecommunications infrastructure for that reason. Craig Moffett is only right if he said Verizon should wait for corporate welfare rather than risk investor money.