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Verizon CEO calls for U.S. ratification of Law of the Sea Treaty - Fierce Telecom
Verizon Communications (NYSE: VZ) CEO Lowell McAdam on Thursday urged the Senate to ratify the international Law of the Sea Treaty, arguing that doing so would help provide U.S. carriers clarified rules for building and repairing underwater telecom cables. McAdams The United Nations Convention on the Law of the Sea (UNCLOS), as its formally known, sets rules for the use of marine natural resources was signed in 1982 and came into force in 1994 but never ratified by the United States. According to the United Nations, 162 countries and the...
Published By: Fierce Telecom - Friday, 29 June, 2012