Verizon Expands New Spectrum: Faster LTE Hitting New Cities

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

cell phone tower

Back in August of 2012, Verizon Wireless (NYSE:VZ) received approval from the Federal Communications Commission for its purchase of a large chunk of the Advanced Wireless Services spectrum, allowing it to offer LTE signals and higher download speeds in select areas this past October — a boost in Verizon’s competition against AT&T (NYSE:T) and others.

Verizon told Gigaom that it is now expanding its newer and faster LTE framework to dozens of important markets around the U.S.. In New York, Chicago, Atlanta, Boston, Seattle, and Washington D.C., Verizon has multiplied its LTE capabilities with the new AWS spectrum. Areas of San Francisco and Los Angeles have seen a 150 percent increase in capacity.

Thurday marked Verizon’s third anniversary for the 4G LTE technology launch, and in the company’s release on the topic it mentioned future plans for advancement. “Deployment of AWS spectrum in most major markets is adding capacity to the network, as more than 66 percent of the company traffic now rides on 4G LTE,” it read.

More Articles About:

To contact the reporter on this story: To contact the editor responsible for this story:

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