October 26, 2009 | Unstrung News Analysis – Despite an aggressive deployment plan for Long Term Evolution (LTE) in the U.S., Verizon Communications Inc.
October 26, 2009 | Unstrung News Analysis – Despite an aggressive deployment plan for Long Term Evolution (LTE) in the U.S., Verizon Communications Inc. (NYSE: VZ) said today that the cost of rolling out the proto-4G mobile broadband network would not cause a spike in capital spending.
Verizon, which has one of the most ambitious LTE plans in the world, said on its third-quarter earnings call today that the next-gen network is on schedule. Verizon plans commercial LTE launches in 25 to 30 markets in 2010, and network coverage of 100 million POPs by the end of next year. And by the end of 2013, the operator aims to have national LTE coverage. (See Verizon Wants LTE All at Once and Verizon: This Is How We’ll Do It.)
