You're watching...
Verizon CEO Lowell McAdam weighs in on the company’s partnership with the NFL, whether they are looking to buy Dish's spectrum, and how the company ...
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
Just look at your -- your pocket and you know it's been -- -- the Smart phone as many of us were glued to that of course and it fell on fox for the playoffs wouldn't it be nice.
Did you watch the game on your phone while waiting in -- -- pick up the party tips in the salsa.
-- are a list claimant is with the man is going to make that happen she's live in Las Vegas that its Consumer Electronics Show.
Is.
Yeah but no football game would look good on any thought if if it was also much stuff I wanted to show you these these are -- potty gears.
Well give your -- a -- Islamic out of the CEO of Verizon.
How many of you have these really nasty screens look at what is on here fungus.
Focus is -- on low together Verizon CEO -- here okay so what you -- take this little things add up.
This front part is the part that actually cleans the -- -- cleans it.
And in the backside polish is that okay so now it's all better now it all better -- -- -- get special treatment of a -- your keynote.
Announcement which is this afternoon.
He's going to be that I'll be able to watch any NFL game on my phone.
Which is quite impressive tell us about this deal in fact it's so important that -- details coming up.
Yeah we're we're really pleased that Rogers gonna join us in the middle of the playoffs so.
We've develop some technology that you'll be able to take the different.
-- camera angles that you have -- about seventeen of them than anyone stadium.
-- here in the stands and you wanna watch the replay -- was certain angle you can do that you can customize the confidence and so.
We're very excited about that and -- -- to take that mobile always so you can do that even if you're at your home.
What are the finances of partnership you paid them for the content how's that working.
Yeah well what do you mean we've a had a relationship with the NFL for years now so.
Where big sponsor you know you guys are as well had -- it's a great it's a great marriage and so there's not a lot new here from a financial perspective it's more just leveraging the content that they have available to him.
Foresee that you could strike a deal -- -- for soccer or hurt the US tennis association is this only the beginning of that kind of opera.
You know we're big sponsor with Indy car are ready if you go to the Indianapolis 500 you can pick the different angles of the turns and you can watch from each individual -- so this really applies that any sport out there.
Let's talk about how you believe people you're only doing this is your business -- -- -- how many people do you anticipate would dump their existing carrier.
These are obviously football fans were precisely this opportunity to either be standing in line if you buy the chips themselves as we have -- -- very or.
-- -- -- -- -- -- -- Car hello hello we help a lot well -- -- if you look at this year in the fourth quarter -- the we've just announced.
30% of the customers are new to us and they come to us because we've got the best not work.
As we start to bring more and more of the best applications onto our network we think more people come to us.
When you were talking about this yesterday.
At an event -- said and I've got to get this quote right oh my gosh I was able to watch a certain play within an NFL stadium on my phone while I was driving and I thought every planet look up not.
Obviously the distracted driver issue is a huge issue you guys have been very focused on safety but we'll just to clarify little what did you mean.
Well let's be clear I was in the passenger's seat okay -- I don't get to drive very often by myself so.
But I think that's the flexibility that we're looking for one of the things we're gonna talk about it R&R.
Keynote this afternoon is all the things that you can do in the car.
So it's our plan to bring that living room experience where the stadium experience at least into the backseat of the car and probably into the passenger seat.
It will clarify some of that -- all of -- -- -- this report today.
What -- great.
Position -- -- right now it's the year of the Smartphone that everybody has one now but you worry about penetration levels being at this point pretty high for tablets and -- I used before I became the CEO all Verizon Wireless I was working over -- they were talking about 50% being in the ceiling and that a 100% being the ceiling.
We've talked about 40500%.
Being the ceiling and if that's -- to -- and even though that's true.
At what would you say that he needs somebody I think you've found six months later that I and other well look what I mean is that the number of devices that everyone have so the theory is that that everybody has a Smartphone -- -- Well we've proven that no that's not -- already even have a laptop.
You can use your car you can connect that our share everything players are all about putting multiple devices on -- -- one account.
We can see 81015.
Devices that you look at playstations and things like that the people are gonna want to work you see them all over the show.
Okay therein lies the issues the -- the bandwidth do you guys happen there's a huge need to soak up more and so my question becomes.
Why not say for example quite dishes wireless spectrum they bought three billion -- -- -- supposedly twelve billion -- by the way we've got to she's CEO Joseph Clayton coming up first on Fox Business the last thing is important effort sick of mechanized -- -- -- what are they gonna -- -- it.
Would you like to -- dishes wireless spectrum.
Well I like the position we're in right now that if you look that we bought the C block at an auction back four years ago just this last year we bought already WS spectrum from the cable companies.
So -- a very good position where we don't have to do anything.
The critical thing was is to make sure that the spectrum fits with the holdings you have.
I talk about people would have a dog's breakfast the Specter of it's very difficult to make all that work and enough work.
-- when they're all about reliability got to make sure that's about this all works of Harvard.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Well you know I don't I don't think I hope we don't view ourselves as the Goliath I hope we still view ourselves as the ones that want to be down for errors and that's why worse.
So aggressive in developing applications.
We'll things I'm gonna talk about this afternoon is -- ten million dollar Verizon powerful answers -- -- war.
That order put out -- -- million dollars for each -- that brings the next application.
That can help with things like health care and energy and that's sort of the that's how we stay on the leading yeah.
Getting my ideas from everywhere as we finish up you were one of the CEOs sign to fix the debt campaign we have pledged to Washington DC.
Do you feel that we fix the debt with the deal that we got from this booklet were.
-- was I'm I'm an operator I'm not an economist but I'm very disappointed at what's coming out of Washington.
I don't see any thing that makes us feel we're gonna get the debt under control bring confidence back to business.
Let's see that in that merger with and that's -- cycle.
Reignite in this business -- Then we've got a case we look forward to future conversations with the that you.
Let me finish cleaning up phone okay Arianna I finished doing that would rise that is not an iPhone five by the winter -- record that is what is easing at least today -- and with a little potty.
Yeah how much working bucks.
Fourteen bucks.
But body here -- at all lot that it's -- -- -- -- -- boy and girl you know the lord I'll be back off from the that it did that work your way but it look -- -- -- about Verizon by the -- coming up as I said dishes CEO Joseph Clayton first on Fox Business.
He speaking to us first -- they have such disruptive technology when it comes to ad skipping.
They're taking it to the next level will that mean more lawsuits from the networks all that much more live from Las Vegas of the consumer electronic show -- -- -- fact yet blue.
