Verizon CFO Says Wireless Infrastructure Order Will Mean More Deployments
Chief Financial Officer Matthew Ellis said Verizon is benefiting from the FCC’s September wireless infrastructure order (see 1809260029). Ellis appeared to downplay the significance in a recent financial call (see 1811010046). He emailed that the order is important. "The FCC's…
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order addressing local roadblocks to small cell deployment was hugely important in advancing 5G deployment,” Ellis said. “Gaining permission to deploy needed small cells quickly and on reasonable terms has been one of the most significant challenges we face. As we continue to deploy thousands of small cells and millions of miles of fiber, we appreciate the FCC’s adoption of common sense rules, consistent with legislation in more than 20 states, that reduce the time and cost of small cell deployments.” The order is also important in controlling costs, he said. "Capital budgets are finite, after all, so the more we have to spend to deploy infrastructure in one locality means that we have less money to spend elsewhere,” he said. “The FCC’s actions help ensure that more Americans gain access more quickly to 5G services."