Verizon CEO: Other nations 'not even close' to U.S. in broadband


SEIDENBERG: Let's take wireless, for example. Everybody says the European system was kind of better. Well, that's very interesting. If you look at minutes of use, the average American uses their cell phone four times as much -- four times as much -- as the average European. If you look at Europe, they publish penetration rates of 150 (percent), 160 (percent), 170 percent meaning that people have more than one phone, two phones, three phones.

You know why? Roaming rates are so high. My guess is you probably have two or three different phones to carry to -- to use in different countries because your roaming rates are so high. And you say, yes.

So my point is it's a fallacy to allow a regulatory authority to sit there and decide what's right for the marketplace when it's not even close.

MURRAY: So on the measures that matter most to you, where does the United States rank in terms of --

SEIDENBERG: One. Not even close.

MURRAY: Number one?

SEIDENBERG: Yes. Verizon has put more fiber in from Boston to Washington than all the Western European countries combined. All. We have -- if you look at smart phones -- not us, Apple, Google -- they have exploded this market in the U.S. Ask any European if they're not somewhat envious of the advancements of smart-phone technology in the U.S.
So it just seems to me this is just not even close.