Verizon CEO Ivan Seidenberg claims that LTE could be the end of cable internet and TV services
He referred to this process as "cord cutting", but warned that it wouldn't happen at once. However, Seidenberg pointed out that he does expect some customers to leave the cable internet/cable TV ship and join the wireless revolution in the near future, adding that Verizon is in better position than the cable operators to set the new trends.
We already posted the test speeds of Verizon's LTE network, but by 2013 (given that the Mayans were wrong) we guess that they would be a completely different story. Then again, as smartphones' and tablets' popularity is rising on a daily basis, this thesis looks very likely indeed - just imagine watching the evening news, while struck in yet another traffic jam.
source: NASDAQ via Electronista
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