While delivering a keynote at the National Association of Broadcasters (NAB) in Las Vegas this week, Verizon CEO Lowell McAdam told those in attendance that he was the one responsible for convincing Steve Jobs to go ahead and make the iPhone 5 LTE compatible.
Interestingly McAdam also recounted a meeting he had with former Apple CEO Steve Jobs, who is now deceased. McAdam was trying to convince Jobs to make the iPhone 5 compatible with LTE. "I was really trying to sell him and he sat there without any reaction. Finally, he said, 'Enough. You had me at 10 Mbps. I know you can stream video at 10 Mbps.' And Apple's next phone was LTE," McAdam said.
Hmm, it's hard to know what to make of this. On one hand, it's hard to imagine the iPhone 5 not coming out with LTE support. On the other hand, we're not exactly sure when this meeting between McAdam and Jobs supposedly took place.
In any event, McAdam also added that video now accounts for more than 50% of the data that runs through Verizon's pipes. McAdam also added that Verizon estimates that video will account for up to 66% of Verizon's network traffic by 2017.
via Fierce Wireless