Verizon CEO: FM Demand Is “Very Small”

Lowell McAdam

Just because Sprint is working with the radio industry to activate FM chipsets in 30 million new handsets, don’t expect Verizon to follow suit.

In an interview with NAB president Gordon Smith at the NAB Show, CEO Lowell McAdam said Sprint’s decision doesn’t increase Verizon’s interest in activating FM chips, calling it “a very small issue for our customers.”

In fact, according to InsideRadio, McAdam said research points to younger consumers leaning toward streamed custom radio, not FM.

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