Home Page
07:52:24 EDT Fri 01 Aug 2014
Enter Symbol
or Name
USA
CA



VERIZON COMMUNICATIONS INC
Symbol U : VZ
Recent Sedar Documents

Verizon Wireless’ 2012 Network Investment Tops $250 Million in New England

2013-02-06 11:12 ET - News Release

1,000 Cell Sites Enhanced With 4G LTE in 2012; 75 New Cell Sites Built and Activated


Company Website: http://news.vzw.com
WILMINGTON, Mass. -- (Business Wire)

Verizon Wireless today announced the completion of $256 million in wireless network enhancements across New England during 2012, increasing the company's regional network investment to more than $3.3 billion since its inception in 2000. Nationally, Verizon Wireless has invested more than $80 billion over the past 12 years to add new services and increase coverage and capacity of its premier nationwide networks.

Since December 2010, when Verizon Wireless launched its 4G LTE network in the Metro Boston area, the company has aggressively expanded its 4G LTE footprint throughout all six states of New England. In 2012, Verizon Wireless added 4G LTE coverage to 1,000 cell sites throughout New England, providing customers with speeds up to ten times faster than 3G networks.

2012 Verizon Wireless Network Investment Highlights

  • New Hampshire: Bedford, Dunbarton, Exeter, Gilmanton, Goffstown, Hampstead, Hampton, Manchester, Marlborough, Nashua, Newmarket, West Lebanon
  • Rhode Island: Bristol, Chepachet, Smithfield, Tiverton, West Greenwich
  • Vermont: Castleton, Colchester, Hardwick, Hinesburg, North Hero, Norwich, South Hero, Swanton, Westford

Additional Regional Network Milestones in 2012

Verizon Wireless’ Viewpoints

“In New England, Verizon Wireless customers enjoy an LTE advantage,” commented Christine Berberich, President of Verizon Wireless’ New England Region. “Investing yet another quarter billion dollars into our New England network empowers more of our customers to use their connected devices and accessories in faster, more innovative ways. As New England’s wireless leader, we’ll continue to aggressively invest in network coverage, reliability and technology, including LTE - the gold standard of 4G wireless technology.”

“We’ve invested more than $3.3 billion into our New England wireless network to provide customers the fastest, most advanced and most reliable coverage possible,” commented Dave MacBeth, Executive Director of Network for Verizon Wireless. “4G LTE is changing the way customers interact with the world via next generation apps, devices and solutions. By investing in wireless broadband we’re investing in local communities and economies where our customers live, work and play.”

4G LTE Coverage and Speed

The Verizon Wireless 4G LTE network is available to more than 273 million people in 476 markets across the U.S. – close to 89 percent of the U.S. population as of January 2013. The rapid rollout of 4G LTE will continue in 2013 with 4G LTE technology scheduled to cover the company’s entire nationwide footprint by the end of the year.

In real-world, fully loaded network environments, Verizon Wireless’ 4G LTE customers should experience average data rates of 5 to 12 megabits per second (Mbps) on the downlink and 2 to 5 Mbps on the uplink.

Visit www.verizonwireless.com/lte for more information about the Verizon Wireless 4G LTE network and a list of current markets.

4G LTE Devices

Verizon Wireless customers can choose from the largest selection of 4G LTE-enabled devices, such as the DROID RAZR HD by Motorola and Windows Phone 8X, as well as Home Fusion Broadband, an in-home broadband service available within the New England region that harnesses the power of the Verizon Wireless 4G LTE network.

Smart Accessories

Verizon Wireless also offers a variety of smart accessories, including the FitBit Ultra Wireless Activity Tracker and the Tagg Pet Tracker. A full list of smart accessories can be found at www.verizonwireless.com/smartaccessories.

About Verizon Wireless

Verizon Wireless operates the nation’s largest 4G LTE network and largest, most reliable 3G network. The company serves 98.2 million retail customers, including 92.5 million retail postpaid customers. Headquartered in Basking Ridge, N.J., with more than 73,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE, NASDAQ: VZ) and Vodafone (LSE, NASDAQ: VOD). For more information, visit www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.

Contacts:

Verizon Wireless
Michael Murphy, 781-932-1213
Michael.Murphy(at)verizonwireless.com
http://twitter.com/VZWMike
or
ForVerizon Wireless
Diane Carragher, 978-518-4509
Diane(at)matternow.com

Source: Verizon Wireless

© 2014 Canjex Publishing Ltd. All rights reserved.