Verizon Policy Blog

Jan22

Verizon CFO Fran Shammo reiterates the dangers of Title II for jobs and investment.


Earlier today, Verizon announced its Q4 earnings results, and Chief Financial Officer Fran Shammo was asked by an analyst about the impact that Title II regulation would have if applied to broadband service. Fran reiterated the inverse relationship between regulation and investment: Kevin Smithen - Macquarie Research Equities – Analyst:  Just a quick follow-up. Does your guidance change at all under certain Title II outcomes? And what is your current thinking on this, given recent government comments? Fran Shammo - Verizon Communications Inc. - EVP & CFO:  That's a great question, because I personally have been misquoted both in the press and in Congress on what I've said. So this is a good question for me to clear this up. First of all, this … Continue reading

CAPEX, FCC, Fran Shammo, Investment, Open Internet, Regulation, Title II, Wireless

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