We have been paying attention to the Verizon Wireless 4G LTE network rollout and while we have known they were ahead of competitors, it now looks like they will be finishing the rollout ahead of schedule. In fact, it looks like they will be completing the rollout about six-months ahead of schedule. The details are coming by way of Verizon Communications CFO Fran Shammo who recently told Fierce Wireless that the LTE rollout will be completed by mid-2013.
As of right now, Verizon has LTE available for about 250 million people, or roughly 80 percent of the US population. The year end goal would be to have coverage for at least 260 million. And as a comparison, AT&T currently has plans to have LTE available for 150 million people by the end of the year and for 250 million people by the end of 2013. AT&T isn’t expected to finish the rollout until the end of 2014.
Otherwise, moving away from LTE and into the family share plans that Verizon Wireless introduced a short while back. Fran Shammo noted that Verizon now has about 13 percent of the customer base on these new plans and that the shift towards these plans is moving faster than they expected.
Via [Fierce Wireless]
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