Verizon statement on naming of Brendan Carr as FCC Chairman

Rhea-AI Summary

Verizon has issued a statement congratulating FCC Commissioner Brendan Carr on his appointment as the next Chairman of the Federal Communications Commission. Hans Vestberg, Verizon's chairman and CEO, praised Carr's understanding of how policies affect investment decisions and his support for approaches that benefit American consumers and competitiveness. The statement highlighted Carr's advocacy for smart spectrum policies and his recognition of the wireless industry's need for spectrum access to maintain U.S. global wireless leadership.

NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- The following should be attributed to Hans Vestberg, Verizon, chairman and CEO:

Verizon congratulates FCC Commissioner Brendan Carr on being named the next Chairman of the Federal Communications Commission. Commissioner Carr has been a champion for policy approaches that unleash robust investment and deployment in next-generation broadband networks that benefit all Americans.

During his years on the FCC, Commissioner Carr has shown that he understands how policies and regulations affect investment decisions and has pursued approaches that benefit American consumers and American competitiveness. He has also championed smart spectrum policies, and has consistently recognized the huge stakes in ensuring that the wireless industry has access to the robust pipeline of spectrum that is so essential to the United States’ global wireless leadership.

We look forward to continuing a productive working relationship with Mr. Carr and his FCC colleagues as they pursue smart, forward-looking telecom and technology policies that will make a huge impact on American consumers and the American economy for years to come.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.0 billion in 2023. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

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Media contact:
Rich Young
richard.j.young@verizon.com
973-943-7209

FAQ

Who did Verizon (VZ) congratulate as the new FCC Chairman in November 2024?

Verizon congratulated FCC Commissioner Brendan Carr on being named the next Chairman of the Federal Communications Commission.

What did Verizon (VZ) say about Brendan Carr's policy approach?

Verizon stated that Carr has been a champion for policies that encourage investment in next-generation broadband networks and understands how regulations affect investment decisions.

What did Verizon (VZ) highlight about Carr's stance on spectrum policies?

Verizon highlighted that Carr has championed smart spectrum policies and recognized the importance of ensuring wireless industry access to spectrum for maintaining U.S. global wireless leadership.