1:50 PM -- Verizon Communications Inc. (NYSE: VZ) chairman and CEO Ivan Seidenberg is all excited about femtocells. (See Verizon Intros Femtocell.)

He said the little home base stations are the "secret weapon of the century," on the company's fourth-quarter results Webcast today.

It's no secret. Those little base stations will save him a bundle on opex and capex. Instead of shelling out hundreds of thousands of dollars on new macro base station sites to improve cellular coverage, Seidenberg can get his customers to stump up $250 for a femtocell to boost coverage in their homes themselves.

— Michelle Donegan, European Editor, Unstrung