Posts Tagged ‘Lowell McAdam’

Verizon Wireless CEO Says More Netbooks on the Way In ’09

May 21, 2009

In the tech industry, netbooks are all the rage. So much so that even communications providers such as Verizon Wireless and AT&T are jumping on the bandwagon.

In a recent interview, Verizon Wireless CEO Lowell McAdam told me that the company’s number two priority this year is to broaden the line of devices and applications it offers to consumers. One part of that strategy is make a decent bet on net books. On May 17, Verizon Wireless began selling its first netbook, a Hewlett-Packard 1151NR, discounted to $199 with a two-year data contract starting at $40 a month.

But McAdam says the nation’s largest wireless carrier is signing contracts with other manufacturers, who he declined to name, to offer more netbooks later this year. “I expect we will have four or five more netbooks in the stores by end of the year.”

To learn more about the telecom carriers netbooks play, check out this BusinessWeek story that I worked on with Roger Crockett and Olga Kharif.