While other carriers are still attempting to reach the milestone of 100 markets with 4G LTE, Verizon is already on its way to completing its network. Big Red’s original estimation was that the company would complete its aggressive 4G LTE rollout by the end of 2013. “Complete” would be pretty much blanketing its current 3G coverage (hint: it’s a lot) with 4G.
That in itself was an ambitious goal, but it seems Verizon is doing so well that the company may have underestimated its own capabilities. Fran Shammo, Verizon’s CFO, spoke to media this morning and told everyone that the company is now aiming to complete the network by mid-2013.
If we assume a 12 month scale from January 1st, 2013 on Big Red’s original goal, then that means a whole half a year has been shaved off the end of Verizon’s timeline. It’s an impressive feat for the carrier to be able to stretch its expectations when most companies would likely face delays of varying lengths. Verizon’s coffers are filled to the brim, though, and they’re throwing a crap ton of money at advancing its network.
The focus on building its 4G LTE network out in a timely fashion is important because the company has committed to putting 4G LTE inside all its smartphones and tablets from the beginning of 2012. Sprint and AT&T seem to be doing the same in that regard, and while their rollout efforts are admirable it doesn’t seem like anyone will be able to catch up to Verizon at this break-neck pace.
[via Fierce Wireless]