Verizon CEO Calls Broadband Plan Too Broad

Verizon CommunicationsChief Executive Ivan Seidenberg said he is concerned the proposed National Broadband Plan could lead to an "overreach" of regulation that could cut into private investment. Still, he added, it's early in the game and Verizon is working with other players such as Google to find a more reasonable position on hot-button issues such as net neutrality, which is intended to create open and equal access to the Internet.