Verizon CEO Cautions Government on Blocking AT&T Deal
Lowell McAdam, who as chief executive of Verizon Communications Inc. oversees the country’s largest wireless carrier, has waded into the debate over whether AT&T Inc. should be allowed to buy competitor T-Mobile USA.
Unlike many companies in the industry, Verizon has maintained a neutral posture on the deal. But on Wednesday, Mr. McAdam said “that match had to occur” and cautioned the government that if it chooses to block such mergers, it needs to come up with a clear plan for getting the industry the spectrum it needs to meet growing demand.
