Speaking at a conference with investors this morning, Verizon Wireless CFO Fran Shammo revealed that Verizon would roll out its LTE network completely by mid-2013. FierceWireless reported today’s timeline is six months earlier than previous estimates released by Verizon. Verizon’s LTE network will match its 3G CDMA coverage area once the rollout is complete. Additionally, Shammo commented on the early problems the LTE network suffered. However, he said with over 80 percent of the country’s population now covered, it is now stable. According to Big Red’s latest numbers, 14.9 million LTE devices are currently on the network.
In retrospect, the nation’s largest carrier AT&T plans to have 250 million people covered by the end of 2013, with a completed roll out of 300 million people planned by the end of 2014.
Shammo also revealed today that the company’s new Share Everything data plans introduced in late June now makes up 13 percent of current Verizon customers. The shared data plan allows customers to share data with up to 10 devices through a single account. [FierceWireless]
Image via Flickr/Robert Scoble
FTC: We use income earning auto affiliate links. More.
Comments