Latest cable threat: 4G, says Verizon's Seidenberg

Fourth generation wireless will go where third generation failed to tread: deep into the consumer home with enough bandwidth to replace cable Internet and TV services. At least that's what Verizon (NYSE: VZ) CEO Ivan Seidenberg thinks.

Seidenberg used his time at the 38th Annual UBS Global Media and Communications Conference to extol the virtues of 4G and predict that "in time, 4G will be a modest substitute" for in-home cable.

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