Verizon boss hangs up on landline phone business - Bits Blog - NYTimes.com

Roll over in your grave, Alexander Graham Bell. That was in effect what Ivan Seidenberg, the chief executive of Verizon Communications -– one of the largest descendants of the old Bell System — declared this morning.

Speaking to a Goldman Sachs investor conference, Mr. Seidenberg said Verizon was simply no longer concerned with telephones that are connected with wires...