1 00:00:02,400 --> 00:00:07,800 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. It is a joy 2 00:00:07,840 --> 00:00:10,320 Speaker 1: to be alongside global citizen. It is a joy to 3 00:00:10,320 --> 00:00:13,480 Speaker 1: be with you hands not running, not running a five 4 00:00:13,600 --> 00:00:17,599 Speaker 1: k exactly, I'm going to do the painful pun because 5 00:00:18,040 --> 00:00:21,720 Speaker 1: that was a short run, maybe five k. It's a marathon, 6 00:00:21,760 --> 00:00:24,160 Speaker 1: not a sprint. When we're getting to things like closing 7 00:00:24,160 --> 00:00:27,240 Speaker 1: the digital divide, now, I want to understand the scale 8 00:00:27,640 --> 00:00:30,800 Speaker 1: of the problem. Can you articulate just how difficult it 9 00:00:30,840 --> 00:00:33,240 Speaker 1: is right now for people to actually get access. 10 00:00:34,280 --> 00:00:38,920 Speaker 2: So the positive is that the last four or five 11 00:00:39,000 --> 00:00:43,279 Speaker 2: years we've added one billion people more to be diggn included. 12 00:00:43,640 --> 00:00:45,800 Speaker 2: It's roughly five point five billion in the world that 13 00:00:45,960 --> 00:00:50,680 Speaker 2: is having access to internet, but it's two point six 14 00:00:50,760 --> 00:00:54,720 Speaker 2: billion today that still are not connected. And we all 15 00:00:54,760 --> 00:00:58,440 Speaker 2: know being connected to your part of our society. You 16 00:00:58,520 --> 00:01:01,319 Speaker 2: can work, you can get it location, you can get 17 00:01:01,440 --> 00:01:05,559 Speaker 2: digital information. It's so important. So other two point six 18 00:01:05,600 --> 00:01:08,119 Speaker 2: billion people that are not connected on this earth today, 19 00:01:09,080 --> 00:01:12,839 Speaker 2: roughly ninety percent of them are actually covered by broadband 20 00:01:12,880 --> 00:01:16,679 Speaker 2: in some kind of fashion. Ninety percent ninety percent, And 21 00:01:16,720 --> 00:01:18,560 Speaker 2: then you ask me, so why you're OneD ucing it? 22 00:01:18,640 --> 00:01:22,440 Speaker 2: So there are different problems in different countries but basically 23 00:01:22,480 --> 00:01:24,480 Speaker 2: you need to break it down in three things. The 24 00:01:24,600 --> 00:01:27,120 Speaker 2: access to the technology. That has to be some broad 25 00:01:27,120 --> 00:01:29,200 Speaker 2: and there are still four five hundred million people on 26 00:01:29,240 --> 00:01:32,920 Speaker 2: this earth that is outside the grid. And then it's 27 00:01:33,160 --> 00:01:36,600 Speaker 2: roughly and then the second part is affordability. You need 28 00:01:36,640 --> 00:01:38,919 Speaker 2: to be able to afford it. And that's not only 29 00:01:39,160 --> 00:01:43,680 Speaker 2: to have the plan for broadband or wireless. It's so 30 00:01:43,800 --> 00:01:47,480 Speaker 2: have a device in many countries that's very expensive to have. 31 00:01:48,000 --> 00:01:51,960 Speaker 2: And finally it has to be usability. It has to 32 00:01:51,960 --> 00:01:58,240 Speaker 2: be digital education, digital healthcare and other societal important application 33 00:01:58,600 --> 00:02:01,440 Speaker 2: to actually be important for dignitil inclusion. Many all are 34 00:02:01,440 --> 00:02:03,680 Speaker 2: sitting here we think that being digited and included, we 35 00:02:03,760 --> 00:02:07,520 Speaker 2: can we can stream YouTube or something like that. But 36 00:02:07,640 --> 00:02:10,640 Speaker 2: here we talk about it shouldn't matter where you're born, 37 00:02:11,000 --> 00:02:13,520 Speaker 2: where you come from, or where you live. You shall 38 00:02:13,560 --> 00:02:16,160 Speaker 2: have the same chance wherever you come from. And that 39 00:02:16,200 --> 00:02:18,280 Speaker 2: you can have if you digit it included, you can 40 00:02:18,320 --> 00:02:21,000 Speaker 2: apply for a job, you can get the job, all 41 00:02:21,040 --> 00:02:24,440 Speaker 2: of that and you can learn which others that are 42 00:02:24,480 --> 00:02:26,560 Speaker 2: inside the digital divide can do. So that's why the 43 00:02:26,560 --> 00:02:30,080 Speaker 2: two point six billion people is very important to address 44 00:02:30,120 --> 00:02:34,560 Speaker 2: together with the countries and with companies to see that 45 00:02:34,600 --> 00:02:35,799 Speaker 2: we're actually shrinking that. 46 00:02:36,320 --> 00:02:38,240 Speaker 1: When you look at the learning side of the equation. 47 00:02:38,400 --> 00:02:41,760 Speaker 1: I know that's something that Verizon's doing deeply. So you 48 00:02:41,840 --> 00:02:45,160 Speaker 1: already say, look, most people actually have access in some 49 00:02:45,280 --> 00:02:49,160 Speaker 1: way of they've got broadband they could tap into. Why 50 00:02:49,200 --> 00:02:51,160 Speaker 1: are you looking at the education piece in particular, and 51 00:02:51,200 --> 00:02:53,440 Speaker 1: what are you doing about that here in the United States. 52 00:02:53,520 --> 00:02:55,760 Speaker 2: So if you look what Variazon is doing, we have 53 00:02:56,240 --> 00:02:59,600 Speaker 2: cities in Verizon where we connect our business to things 54 00:02:59,600 --> 00:03:02,920 Speaker 2: that are in our society. One of those goals is 55 00:03:03,040 --> 00:03:08,040 Speaker 2: to make ticketing inclusion for ten million students, getting students 56 00:03:08,080 --> 00:03:11,480 Speaker 2: in the toughest areas where there are no connectivity to 57 00:03:11,560 --> 00:03:14,079 Speaker 2: actually be part of it. So we have roughly six 58 00:03:14,200 --> 00:03:18,000 Speaker 2: hundred schools around the country where we have broadband into 59 00:03:18,040 --> 00:03:20,480 Speaker 2: the school, we give them a device, and we give 60 00:03:20,520 --> 00:03:23,400 Speaker 2: them digital stem education, and I have to use them 61 00:03:23,440 --> 00:03:26,040 Speaker 2: all three because then you'll really get to the root 62 00:03:26,080 --> 00:03:29,520 Speaker 2: of it. So far, our commitment over ten years is 63 00:03:29,560 --> 00:03:33,040 Speaker 2: to educate ten million students. We have done seven million 64 00:03:33,120 --> 00:03:35,800 Speaker 2: so far and we're six years left. So we're going 65 00:03:35,840 --> 00:03:39,320 Speaker 2: to do ten million students in the low income areas 66 00:03:39,320 --> 00:03:41,400 Speaker 2: of the United States. Those schools are going to get 67 00:03:41,400 --> 00:03:44,280 Speaker 2: broadband from us, and then I use my employees to 68 00:03:44,280 --> 00:03:46,960 Speaker 2: be volunteers so they are part of the journey as well, 69 00:03:47,000 --> 00:03:50,360 Speaker 2: to educate, maintain equipment, et cetera. So for us, it's 70 00:03:50,360 --> 00:03:52,720 Speaker 2: an ecosystem. But then you ask me, why are we 71 00:03:52,760 --> 00:03:55,440 Speaker 2: doing it? It's my business. My business is doing broadband. 72 00:03:55,720 --> 00:03:59,480 Speaker 2: My business is to get children to understand and use 73 00:04:00,720 --> 00:04:04,680 Speaker 2: digital tools and ultimately they might remember Verizon and then 74 00:04:04,680 --> 00:04:06,120 Speaker 2: they're going to be a customer who. 75 00:04:05,960 --> 00:04:09,440 Speaker 1: Knows are you okay? So it's good business. But do 76 00:04:09,480 --> 00:04:13,240 Speaker 1: your investors get that? Do they see the long term 77 00:04:13,280 --> 00:04:17,920 Speaker 1: benefits rather than you know, margin today, revenue today, profit today. 78 00:04:18,520 --> 00:04:21,479 Speaker 2: I think that when you go away from the acronyms 79 00:04:21,520 --> 00:04:24,000 Speaker 2: that everybody talks about and talk about what you're doing 80 00:04:24,279 --> 00:04:27,560 Speaker 2: that is part of your business, everybody understands it because 81 00:04:27,920 --> 00:04:31,680 Speaker 2: there are many acronyms ESD, D and I and all 82 00:04:31,720 --> 00:04:34,240 Speaker 2: of that talk about what you're doing and why that 83 00:04:34,360 --> 00:04:37,480 Speaker 2: is connecting to your business. For me to get broadland, 84 00:04:37,520 --> 00:04:41,640 Speaker 2: to get you to use our service and then educate 85 00:04:41,680 --> 00:04:44,680 Speaker 2: THEMSELM with STEM, they might even end up working for me. 86 00:04:44,920 --> 00:04:48,000 Speaker 2: And we have been onto this Verizonal Innovative Learning for 87 00:04:48,040 --> 00:04:51,320 Speaker 2: more than ten years and we keep all the school 88 00:04:51,360 --> 00:04:53,760 Speaker 2: We continue with them and many of the shielding has 89 00:04:53,760 --> 00:04:56,280 Speaker 2: started with us in the first and second grade. They 90 00:04:56,279 --> 00:04:59,680 Speaker 2: are now actually have graduated and they're out in the 91 00:04:59,720 --> 00:05:02,640 Speaker 2: work life and they will always remember how they get 92 00:05:02,760 --> 00:05:05,880 Speaker 2: their part of being in digitally included. So for us, 93 00:05:06,000 --> 00:05:09,160 Speaker 2: this is a is an ecosystem that is so important 94 00:05:09,200 --> 00:05:12,360 Speaker 2: for us, for our business, for being even more prosperous. 95 00:05:12,880 --> 00:05:15,279 Speaker 1: Can I just take a step back and for a moment, 96 00:05:15,279 --> 00:05:19,000 Speaker 1: as two Europeans who've come to the US, how can 97 00:05:19,040 --> 00:05:23,320 Speaker 1: you hear? Why are we here? Well, because it's the 98 00:05:23,360 --> 00:05:25,880 Speaker 1: biggest economy in the world. Yes, and there are ten 99 00:05:25,920 --> 00:05:29,080 Speaker 1: million children that need to be educated in stem by 100 00:05:29,160 --> 00:05:32,159 Speaker 1: you in the biggest economy in the world. What is 101 00:05:32,200 --> 00:05:36,080 Speaker 1: the US government doing about affordable connectivity? Because all I 102 00:05:36,120 --> 00:05:38,400 Speaker 1: can see is actually they're pulling back on some of 103 00:05:38,440 --> 00:05:39,200 Speaker 1: the funding for it. 104 00:05:39,440 --> 00:05:42,520 Speaker 2: So historically and now we're coming into a little more 105 00:05:42,640 --> 00:05:47,880 Speaker 2: complicated Historically, US or still have ACP, which is affordable 106 00:05:48,120 --> 00:05:51,159 Speaker 2: connectivity plans, meaning that low income families can get a 107 00:05:51,200 --> 00:05:55,520 Speaker 2: subsidy to get broad band or wireless connectivity. Now there's 108 00:05:55,600 --> 00:05:58,320 Speaker 2: a discussion in the compress if they're going to vote 109 00:05:58,320 --> 00:06:01,200 Speaker 2: about again, but I have talked to many governments and 110 00:06:01,200 --> 00:06:04,599 Speaker 2: there are different challenges in different countries. But doing subsidy 111 00:06:04,839 --> 00:06:07,520 Speaker 2: for low income families to getting connected is so important 112 00:06:07,520 --> 00:06:09,680 Speaker 2: because they can be partners, they can apply for on job, 113 00:06:09,760 --> 00:06:12,120 Speaker 2: they can work remotely when we are so many remote 114 00:06:12,120 --> 00:06:15,080 Speaker 2: works today, customer care et cetera, and other works that 115 00:06:15,120 --> 00:06:17,800 Speaker 2: you can do consultancy, et cetera. So being part of 116 00:06:17,839 --> 00:06:20,640 Speaker 2: that and having access to that makes it you can grow, 117 00:06:21,160 --> 00:06:23,280 Speaker 2: you be part of our society. It's so important for 118 00:06:23,320 --> 00:06:25,680 Speaker 2: the whole country for GDP growth and all of that. 119 00:06:27,160 --> 00:06:31,360 Speaker 1: I mean yes, and for me that still needs to 120 00:06:31,400 --> 00:06:34,080 Speaker 1: resonate so much that we're even talking about children here 121 00:06:34,080 --> 00:06:37,359 Speaker 1: in the United States that need corporate philanthropy to be 122 00:06:37,400 --> 00:06:39,360 Speaker 1: able to learn, to earn, and to be able to 123 00:06:39,440 --> 00:06:43,320 Speaker 1: afford affordable devices. Where have you seen the most tangible 124 00:06:43,320 --> 00:06:45,599 Speaker 1: benefits You've talked about how you're getting out there ten 125 00:06:45,640 --> 00:06:49,040 Speaker 1: million children, how already has some of the impact that 126 00:06:49,080 --> 00:06:52,200 Speaker 1: you've thought about the digital divide already come to bear 127 00:06:52,600 --> 00:06:54,800 Speaker 1: for productivity even here in the US. 128 00:06:55,160 --> 00:06:57,000 Speaker 2: I think here in the US, I mean I think 129 00:06:57,000 --> 00:07:00,240 Speaker 2: in the whole world. I mean we saw coming off 130 00:07:00,240 --> 00:07:02,760 Speaker 2: from COVID. I think that nobody could say that being 131 00:07:02,760 --> 00:07:05,760 Speaker 2: connected is not important. You cann't do your work. You 132 00:07:06,440 --> 00:07:09,120 Speaker 2: can get the information you needed to be connected. And 133 00:07:09,160 --> 00:07:12,000 Speaker 2: that is not in us, it's all the world. All 134 00:07:12,000 --> 00:07:15,880 Speaker 2: around the world. We saw countries like India flourishing to 135 00:07:16,000 --> 00:07:18,640 Speaker 2: setting the digital Vivie very high up to see that 136 00:07:18,680 --> 00:07:22,800 Speaker 2: they're connecting. They got their COVID subsidies, to families, to 137 00:07:22,960 --> 00:07:26,400 Speaker 2: mobile phones, see things we never thought can happen. But 138 00:07:26,680 --> 00:07:29,560 Speaker 2: that triggered the whole world to think differently. And I 139 00:07:29,640 --> 00:07:33,440 Speaker 2: usually say that the twenty first century infrastructure, that's mobility 140 00:07:33,520 --> 00:07:36,040 Speaker 2: broadening cloud because then you can bring down the coast 141 00:07:36,120 --> 00:07:38,640 Speaker 2: and you can reach any person on this earth that 142 00:07:38,760 --> 00:07:40,160 Speaker 2: want to be part of our society. 143 00:07:41,400 --> 00:07:46,960 Speaker 1: Why is it your calling? You have you ever since 144 00:07:46,960 --> 00:07:50,040 Speaker 1: you've been in the world of telecoms, thought this is 145 00:07:50,160 --> 00:07:53,760 Speaker 1: just something that is impossible to ignore? Or does it 146 00:07:53,800 --> 00:07:57,720 Speaker 1: become worse and worse the more we've become seeing education 147 00:07:58,240 --> 00:08:02,160 Speaker 1: necessary through technology, healthcare necessary through technology. 148 00:08:02,440 --> 00:08:05,520 Speaker 2: I think it started probably some fifteen twenty years ago. 149 00:08:05,800 --> 00:08:09,440 Speaker 2: I worked with the MDGs for the younger generation, that 150 00:08:09,600 --> 00:08:12,240 Speaker 2: was the Millennium Development Goals that was before the STDs, 151 00:08:12,800 --> 00:08:15,600 Speaker 2: and I went to Africa many times, and I connected 152 00:08:15,680 --> 00:08:19,320 Speaker 2: villages and I remember vividly when I went to a theopia, 153 00:08:19,400 --> 00:08:23,160 Speaker 2: for example, and we turned on internet in the community, 154 00:08:24,480 --> 00:08:27,760 Speaker 2: the share how positive, how happy they were, and how 155 00:08:27,800 --> 00:08:31,080 Speaker 2: thankful we are now part of our society. We can 156 00:08:31,120 --> 00:08:34,400 Speaker 2: now get information what als it started there. Then I've 157 00:08:34,480 --> 00:08:37,559 Speaker 2: been been my long life mission to see that whatever 158 00:08:37,600 --> 00:08:40,080 Speaker 2: I can you do from the platform I have and 159 00:08:40,120 --> 00:08:42,920 Speaker 2: from the company I'm running, still with the technology and 160 00:08:42,960 --> 00:08:45,040 Speaker 2: still with the business and strategy we have, I'm going 161 00:08:45,080 --> 00:08:47,760 Speaker 2: to do everything to see that can close the digital divide. 162 00:08:48,679 --> 00:08:51,760 Speaker 1: Let's talk about not just the digital divide here in 163 00:08:51,800 --> 00:08:55,120 Speaker 1: the US, but there's a digital divide globally. And that's 164 00:08:55,120 --> 00:08:57,439 Speaker 1: something that you, in particular, have tried to harness, tried 165 00:08:57,480 --> 00:09:01,520 Speaker 1: to focus on, trying to reduce and what you've got 166 00:09:01,559 --> 00:09:04,280 Speaker 1: an eye on one billion people? Can you talk us 167 00:09:04,280 --> 00:09:04,560 Speaker 1: through it? 168 00:09:05,120 --> 00:09:07,120 Speaker 2: Yeah. So we came out from that COVID and I 169 00:09:07,160 --> 00:09:10,560 Speaker 2: felt that now it's time for me to do something 170 00:09:10,600 --> 00:09:14,160 Speaker 2: greater on the global basis. I decided to get with 171 00:09:14,240 --> 00:09:17,800 Speaker 2: World Economic Forum to set up a program over five 172 00:09:17,880 --> 00:09:21,760 Speaker 2: years to see that we connect one billion people more. 173 00:09:23,000 --> 00:09:26,320 Speaker 2: That started in the beginning of twenty one and what 174 00:09:26,360 --> 00:09:29,040 Speaker 2: it's all about. Is that not only getting broadband. As 175 00:09:29,080 --> 00:09:32,280 Speaker 2: I said, it was about broadband, but it was either 176 00:09:32,440 --> 00:09:37,560 Speaker 2: to be digital, education, healthcare, or financially included digitally because 177 00:09:37,640 --> 00:09:40,280 Speaker 2: that was three things were so important coming out of COVID. 178 00:09:40,360 --> 00:09:44,360 Speaker 2: So the only way we would count the new editions 179 00:09:44,760 --> 00:09:48,240 Speaker 2: was actually if they are into that, and today we 180 00:09:48,480 --> 00:09:51,520 Speaker 2: basically have one hundred and thirty seven countries being part 181 00:09:51,600 --> 00:09:55,480 Speaker 2: of it, one hundred and sixty different champions doing commitments. 182 00:09:55,480 --> 00:09:58,880 Speaker 2: My commitment is or Verizon's commitment is a ten million 183 00:09:59,640 --> 00:10:03,000 Speaker 2: student that we're committing and every company or government being 184 00:10:03,080 --> 00:10:06,000 Speaker 2: part of it, they are committing to it. So that's 185 00:10:06,000 --> 00:10:09,360 Speaker 2: how it started. We are now have three hundred and 186 00:10:09,360 --> 00:10:13,040 Speaker 2: twenty different programs around the world. We're twenty three hundred 187 00:10:13,040 --> 00:10:16,600 Speaker 2: and twenty I think that's a number. And we have 188 00:10:17,160 --> 00:10:20,440 Speaker 2: passed seven hundred and eighty four million people in less 189 00:10:20,440 --> 00:10:23,040 Speaker 2: than two and a half year that has been included. 190 00:10:23,120 --> 00:10:26,520 Speaker 1: Can we just yeah, seven hundred and eighty four million 191 00:10:26,640 --> 00:10:30,440 Speaker 1: in two and a half years. Okay, so I'm playing 192 00:10:30,440 --> 00:10:34,600 Speaker 1: Devil's advocate greenwashing. Yeah, tell me how you measure this? No? 193 00:10:34,800 --> 00:10:36,960 Speaker 2: So, yeah, so we did. That was one of the 194 00:10:36,960 --> 00:10:38,800 Speaker 2: first things. So we have actually a team. We have 195 00:10:38,840 --> 00:10:42,120 Speaker 2: an auditing team from a very reputable audited in firm 196 00:10:42,200 --> 00:10:45,679 Speaker 2: auditing all the commitments done by governments or by the companies, 197 00:10:46,320 --> 00:10:49,800 Speaker 2: whatever they're committing, and that they're they're succeeding with the result. 198 00:10:49,840 --> 00:10:53,880 Speaker 2: We're quarterly reporting and we do an annual report. We 199 00:10:53,920 --> 00:10:56,480 Speaker 2: are on a second report because we started twenty one, 200 00:10:56,600 --> 00:11:00,000 Speaker 2: twenty twenty second twenty year, twenty two was the second year, 201 00:11:00,040 --> 00:11:03,120 Speaker 2: and then twenty three and twenty four and then as said, 202 00:11:03,760 --> 00:11:07,080 Speaker 2: the goal is one billion, we're on seven eighty four. 203 00:11:08,080 --> 00:11:10,640 Speaker 2: I think we're going to be ahead of the five 204 00:11:10,720 --> 00:11:11,320 Speaker 2: years by. 205 00:11:11,240 --> 00:11:13,199 Speaker 1: The two point six billion you said came. 206 00:11:13,960 --> 00:11:16,439 Speaker 2: So this is part of the two point six billion 207 00:11:16,480 --> 00:11:18,120 Speaker 2: that we're shrinking. The two point six billion. 208 00:11:19,120 --> 00:11:21,960 Speaker 1: And how if you're sat in this audient right now 209 00:11:22,000 --> 00:11:24,760 Speaker 1: you're feeling pretty inspired by you going out there sticking 210 00:11:24,800 --> 00:11:27,440 Speaker 1: your neckout on a one billion target, how can they help? 211 00:11:28,520 --> 00:11:32,640 Speaker 2: I think that any organization, any structure that is actually 212 00:11:32,720 --> 00:11:35,640 Speaker 2: having part of the strategy to see that we're including 213 00:11:35,679 --> 00:11:38,480 Speaker 2: people digitally on this earth can be part of it. 214 00:11:38,880 --> 00:11:41,240 Speaker 2: And the beauty of it it has to be sort 215 00:11:41,280 --> 00:11:44,160 Speaker 2: of private public because you cannot solve it yourself. I 216 00:11:44,160 --> 00:11:49,440 Speaker 2: mean usually building networks to ninety nine percent is private capital. 217 00:11:49,520 --> 00:11:54,080 Speaker 2: It's guys like me building networks. When it comes to affordability, 218 00:11:54,120 --> 00:11:56,760 Speaker 2: it actually work together with governments. If you're going to 219 00:11:56,760 --> 00:12:00,920 Speaker 2: subsidize on all of that and then to create sort 220 00:12:00,960 --> 00:12:07,240 Speaker 2: of usability healthcare, education, or financial inclusion digitally, mainly that's 221 00:12:07,360 --> 00:12:11,040 Speaker 2: owned by governments, So you have to do it crossover. 222 00:12:11,240 --> 00:12:13,640 Speaker 2: If not, you're not going to succeed. So anyone that 223 00:12:13,760 --> 00:12:16,040 Speaker 2: is working with those type of things and think that 224 00:12:16,120 --> 00:12:19,800 Speaker 2: they can help and have an organization that commit, they're 225 00:12:19,840 --> 00:12:23,880 Speaker 2: welcome to join the Edison Alliance that we're running in 226 00:12:24,040 --> 00:12:26,440 Speaker 2: order to see that we bridge that gap and reduce 227 00:12:26,480 --> 00:12:29,679 Speaker 2: it with one billion in less than five years. 228 00:12:29,800 --> 00:12:33,000 Speaker 1: And let's tackle the full two point six billion. Hands. 229 00:12:33,200 --> 00:12:35,560 Speaker 1: It's an inspiration. Thank you very much. Keep up with 230 00:12:35,559 --> 00:12:37,040 Speaker 1: a running, keep up with the marathon. 231 00:12:37,240 --> 00:12:37,560 Speaker 2: Thank you. 232 00:12:37,559 --> 00:12:38,960 Speaker 1: We appreciate it all so much