Verizon CEO Seidenberg: Mobile Video ‘To Be A Big Deal’
Ivan Seidenberg, CEO of Verizon (NYSE: VZ) Communications, the parent company of Verizon Wireless, appeared on CNBC’s Mad Money show with Jim Cramer last night, talking up the company’s prospects as a converged services provider, saying it’s had to make “a spectacular adjustment” to keep up with consumer demand. Seidenberg sees great prospects for mobile video (as one might expect, given its launch of MediaFLO services under the V Cast umbrella), saying “I think video
"package it" is the key problem phrase here – users package things themselves on the Internet. They don't need things packaged, they just want whatever their friends tell them is cool and to not jump through hoops to get it.