Verizon’s CFO Fran Shammo spoke at the Wells-Fargo Securities Technology, Media & Telecom Conference and told attendees that Verizon would finish rolling out its 4G LTE network rollout plans 6 months early. Since they began rolling out LTE, Verizon has stuck by their timeline of “end of 2013″ to cover their entire nationwide 3G footprint with the new, fourth-gen wireless service. Today, Shammo said they’ll be finished by “mid 2013″.
What’s this mean for you? If you don’t live in an area already covered by Verizon’s 4G LTE network, but you have 3G service with them, you should expect LTE coverage in the next 8 months at the latest. Verizon current covers 250 million customers – roughly 80% of Americans – with 4G and plans to expand that another 10 million by the end of this year.
What does this mean for Verizon’s competitors? They better step up their game. When you see those Verizon ads that tout “More 4G coverage than all other nationwide carriers combined” – they aren’t lying and that’s no marketing gimmick. By “mid 2013″, Verizon will cover 300 million people. In comparison, AT&T doesn’t plan to offer that much coverage until the “end of 2014″ – a year and a half later.
You should follow Mike on Twitter for more great tech insights and good conversation. If Twitter isn’t your thing, fear not, you can always keep up with Mike on his personal blog as well at: www.MikeBeauchamp.me or on Facebook.
[Source: Fierce Wireless]