Verizon: 4G LTE for all by mid-2013

November 8, 2012
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With AT&T planning to complete its 4G LTE roll out only by the end of 2014, Verizon shows who’s boss in the country when it comes to the coveted high-speed Internet network coverage by announcing that it expects to wrap its 4G LTE deployment up faster than planned.

Speaking at the Wells Fargo Securities Technology, Media and Telecom conference, Verizon Communications CFO Fran Shammo said that the company has moved forward the completion date target for its 4G LTE deployment to mid-2013, six months ahead of the original timeline.

Shammo admitted that the company’s 4G LTE was not without its flaws, referring to several service disruptions that occurred in 2011, but since then the LTE service has been enjoyed relatively trouble-free by millions of subscribers in more than 400 markets.

As of now, Verizon’s 4G LTE network covers 250 million people in the U.S., a staggering 80% of the population. According to Verizon, 4G LTE made up 35% of the carrier’s overall data traffic in Q3, with close to 15 million postpaid LTE devices in use.

As for the carrier’s Share Everything data plans that were introduced in June, Shammo said that the adoption rate has been higher than expected. Over 13% of Verizon’s customers are now on the new data plans.

Comments

  • davehomeless

    and Sprint’s lte service is planned to be completed in 2025 but will be delayed to 3047. Or as Sprint likes to say, “in the coming months.”

  • LanaDelRey

    This is why it’s so hard to just up and leave VZW. Pretty tired of them as a company, but their service is really unmatched. Numerous cases where people have asked to use my phone because I have service when they didn’t. Also can get services out in the boonies when I visit family. Couldn’t say the same about T-mobile or AT&T when I tried them.

  • Jared Persinger

    So those nice and generous sized phone bills aren’t just going into their pockets

  • MetalPhoenix79

    Now start working on LTE-Advanced!