Printed from http://www.electronista.com

Verizon COO: Open access driven by costs

updated 03:40 pm EST, Wed December 5, 2007

Price & Verizon access

The decision to open up the Verizon cellular network was at least partly motivated by costs, says Denny Strigl, the company's COO. The Associated Press notes a speech given today by Strigl, in which the executive explained to investors that by involving third parties, it will be able to collect revenue while offloading important costs, most notably marketing and customer service. "We think it's a phenomenal new source of revenue for us," Strigl commented.

In a scheme similar to that of MVNOs, but more liberal, some people connecting through Verizon's network may never interact with the company directly; instead, they will pay third-party outfits, who will in turn pay Verizon based on the subscribers' network usage. As Verizon's return will be based on traffic, the company should be able to cope as third parties implement features like mobile TV. Data usage is likely to be Verizon's major concern, especially given the focus of phones using Google Android operating system.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Patriot Supersonic Rage XT 128GB USB drive

USB thumb drives are getting larger by the day, their growth speeding along with the availability and expansion of memory chips. But h ...

Crucial MX100 256GB SATA-3 SSD

While the price-per-gigabyte ratio for magnetic platter-based hard drives can't be beat, the speed that a SSD brings to the table for ...

Narrative Clip

With the advent of social media technology, people have been searching for new ways to share the events of their daily lives -- be it ...

Sponsor

toggle

Most Commented

 
toggle

Popular News