BASKING RIDGE, N.J., June 28 /PRNewswire/ -- In a memorandum signed today, President Obama proposed nearly doubling the airwaves available for new types of wireless services and increased Internet connectivity. The President called for making 500 MHz of spectrum available over the next 10 years.
Verizon Wireless President and Chief Executive Officer Lowell McAdam made the following statement, commending the President's push for new airwaves to enable additional high-tech connectivity:
"We applaud today's announcement. 500 MHz of additional spectrum will fuel broadband innovation, competition and job creation for decades to come. Policy makers should resist the temptation to add regulatory strings or obligations that would encumber this national resource from being put to its highest and best use.
"President Obama's call to harness this spectrum for the good of the American people brings a critical opportunity to provide public safety organizations with the incremental spectrum and funding they desperately need. This small step will help ensure that police, fire, safety and emergency service professionals can communicate with each other and have access to the incredible new generation of wireless products, services and bandwidth that are transforming our nation.
"We look forward to working with Chairman Genachowski, the FCC Commissioners and staff, and leaders on Capitol Hill to quickly bring this promise to reality."
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and 3G data network, serving nearly 93 million customers. Headquartered in Basking Ridge, N.J., with 81,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE, NASDAQ: VZ) and Vodafone (LSE, NASDAQ: VOD). For more information, visit www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.
SOURCE Verizon Wireless