https://www.cnbc.com/2018/08/15/verizon-new-ceo-we-do-not-need-to-buy-a-content-creator-like-att-twx.html

Verizon CEO Hans Vestberg told CNBC on Wednesday the top wireless carrier doesn't need to compete in premium content to succeed.

Vestberg was responding a question about the changing landscape in the telecommunications industry, with AT&T recently purchasing Time Warner and U.S. cable TV giant Comcast battling to add British satellite broadcaster Sky to its television holdings, which include NBC and CNBC. He did not offer an opinion on those moves.