Thursday, November 08, 2012

Verizon LTE will be done by Mid 2013

Verizon Wireless CFO Fran Shammo announced that the company's LTE 4G network will be fully built out by the middle of 2013.

This is close to six months sooner than the company had previously said it would complete the network.

According to Shammo, Verizon's LTE 4G network covers 250 million Americans today, and will cover 260 million by the end of the year. At the end of the third quarter, approximately 15 million post-paid customers were using LTE gear, and 35% of Verizon's network traffic is transiting its LTE network.