Friday, November 9, 2012

Verizon plans to complete its LTE rollout by mid-2013


Verizon Wireless customers still waiting for 4G LTE to hit their town should get their wish by the middle of next year.


Speaking at a Wells Fargo Securities technology conference yesterday, Chief Financial Officer Fran Shammo confirmed that the carrier is eyeing mid-2013 as the completion date for its LTE rollout. That timeframe is around six months earlier than the company had previously predicted, according to news site Fierce Wireless.


"I was confident in the first quarter when I said that you'll see an acceleration of our growth through the year, and I think that's proven to be correct," Shammo said.


Verizon has been very aggressive at doling out its LTE network. Early last month, the carrier said it would surpass its year-end goal of hitting 400 markets with LTE two months ahead of schedule. By October 18, the company had already reached 417 markets in the U.S.


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