First out of the gate and continuing with an aggressive buildout schedule, Verizon undoubtedly has the most comprehensive LTE network in the United States. While competitors like AT&T, Sprint and T-Mobile struggle to make LTE available to the masses, Verizon will finish its LTE network deployment by mid-2013, a full six months ahead of the originally projected date.
Speaking at at the Wells Fargo Securities Technology, Media & Telecom Conference, Verizon Communications CFO Fran Shammo was the first to break news on the carrier’s milestone. According to Shammo, Verizon’s 4G LTE now covers roughly 80% of the nation’s population, or 250 million people. Nearly 15 million LTE devices are operating on Verizon’s network now, accounting for 35% of the total data used.
While Verizon’s LTE network hasn’t been without its fair share of hiccups, it’s far more stable now than it has ever been. By the end of next year, Verizon plans to get their LTE network on par with their massive 3G CDMA coverage area.