Here’s Why Verizon Can’t Be Beat on 4G

Verizon Wireless (NYSE:VZ) extended the reach of its 4G LTE network on Thursday with the addition of 46 new markets, for a total of 304 markets. It also expanded its service in 22 markets where it already had a presence. Verizon first started offering LTE in late 2010, and was followed by rival AT&T (NYSE:T), which said last month it had a presence in 39 LTE markets. Sprint (NYSE:S) has plans to start a network this summer, with the first six markets expected to be up by the end of June, while T-Mobile will begin its roll-out next year.

Don’t Miss: UP CLOSE: The 8 Big Changes of Windows 8.

According to Verizon, its high-speed network offers between 5 Mbps and 12 Mbps on downlinks and between 2 Mbps and 5 Mbps on the uplink. In all, Verizon offers 24 LTE smartphones and tablets, including the new Samsung Galaxy S III. Verizon’s new Share Everything data plans are supposed to be launched on June 28. While existing customers are not required to move to the new plan that lets multiple devices share the same data connection, new customers won’t have a choice.

The 46 new markets going live on Thursday are: Florence, Alabama; Harrison, Arkansas; Yuba City/Marysville, California; Panama City, Florida; Carrolton, Gainesville and Newnan, Georgia; Blackfoot, Idaho; Decatur/Effingham, Kankakee/Bradley-Bourbonnais and La Salle/Peru/Ottawa, Illinois; Columbus and Michigan City/La Porte, Indiana; GreaterPortland, Maine; Greenville/Greenwood, Jackson and Tunica, Mississippi; Houghton and Traverse City, Michigan; Jefferson City, Lake of the Ozarks and West Plains, Missouri; Binghamton, Elmira/Corning/Hornell and Oneonta, New York; Burlington, Hickory/Lenoir, Jacksonville and New Bern, North Carolina; Bedford and Sharon/Farrell/Hermitage, Pennsylvania; Anderson, Florence and Greenwood, South Carolina; Lufkin/Nacogdoches, Midland, San Angelo and Waco, Texas; Danville, Virginia; Ashland, Kentucky/Huntington, West Virginia and Logan, West Virginia; Fond du Lac, Janesville/Beloit and Sheboygan, Wisconsin; and Gillette, Wyoming. The service in the Lihue, Hawaii market has been running since June 11.

Don’t Miss: Apple Gets SLAMMED Down Under.

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Premium Newsletters

Stock Investor Cheat Sheet

Stock Investor Cheat Sheet®

The ultimate Cheat Sheet for finding winning stock picks.
Learn More

Gold & Silver Newsletter

Gold & Silver

Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More

Commodities Premium Newsletter

Commodities Premium

There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more

ETF Investing

ETF Investing

At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business