Sunday, August 21, 2016

Verizon Invested $5B in Wireless Network in 1H16

Verizon invested $5 billion in its wireless network in the first half of 2016, bringing total investment in its wireless network to about $116 billion since 2000, more than any other wireless carrier, according to the company. In 2015, Verizon invested about $11 billion in its wireless network.

Some highlights:

  • Verizon’s 4G LTE network is engineered to provide, on average, 5 Mbps to 12 Mbps while downloading and 2 Mbps to 5 Mbps while uploading. 
  • The 2016 investment includes the expansion of Verizon’s XLTE network technology, which doubles the company’s 4G LTE bandwidth and provides enterprises with greater peak speeds covering nearly 2.4 million square miles in 466 markets nationwide, including 13 new markets launched in the last 90 days.
  • Verizon installed more than 1,500 new cell sites and added XLTE technology to more than 1,700 sites across the country from January to July, accommodating exponential data usage growth and enabling clients to experience an unmatched level of reliable connectivity.
  • Through mid-2016, Verizon deployed more than 2,100 small cell solution nodes, including dozens installed throughout the San Francisco Bay Area in advance of Super Bowl 50.
  • DAS consists of unseen cables and numerous antennas distributed throughout high traffic areas such as stadiums, convention or shopping centers, office buildings, train stations, airline terminals, and dense, outdoor urban areas. So far this year, Verizon has deployed more than 350 DAS solutions.
  • In outlying areas, Verizon’s LTE in Rural America (LRA) program includes 21 participants spanning 15 states and representing communities in 169 rural counties. The 21 LRA participants combined currently reach over 2.7 million people while covering approximately 120,000 square miles of America’s rural areas with 4G LTE, an area larger than the state of Arizona.


http://www.verizon.com

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