By Allen Tsai | Mon May 17, 2010 7:14 pm |
Verizon plans to sell five new phones that run on its new fourth-generation, or 4G, network by next May, as the company steps up efforts to launch high-speed smartphones, tablets and mobile gadgets to attract data-hungry consumers.
The Basking Ridge, N.J.-based carrier said the slew of new handsets, ready sooner than its previous mid-2011 estimate, could be offered by Motorola, HTC, LG and BlackBerry maker Research in Motion.
The new phones will be based on the company's new 4G technology, known as Long Term Evolution, or LTE -- able to send data up to 10 times faster than current networks.
"I'd say all the major manufacturers we're talking to today are making the transition to LTE," said Lowell McAdam, Verizon's chief executive.
Verizon, currently in a heated race with Sprint to build out the nation's first 4G network, expects the new service to cover around 100 million people across 25 to 30 markets -- including New York City -- by the end of the year.
In addition to the 4G phones, the company outlined plans to offer several new high-speed devices, starting with a selection of tablet computers, running Google's Android platform, from companies such as Motorola, Samsung and LG.
"There's no reason we couldn't have an iPad," McAdam said.
Verizon is also teaming up with the Internet search giant to develop a tablet to compete with Apple's iPad.
As the number of new subscribers signing up for plans begins to saturate, carriers have increasingly looked to data for growth, offering services for wireless devices such as tablets, netbooks and even dog collars.
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Tue Feb 07, 2012 2:31 pm | By
Verizon plans to sell the Motorola Droid 4, its flagship Android 4G device, on February 10 for $200 with a two-year contract.
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Tue Feb 07, 2012 11:49 am | By
Verizon plans to offer a "double-data" promotion, as the carrier attempts to boost its 4G LTE network.
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Mon Feb 06, 2012 1:33 pm | By
Verizon and Redbox plan to launch an online media-streaming service, forging a partnership to compete in the crowded field of digital content delivery.
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Wed Feb 01, 2012 4:22 pm | By
Verizon and Comcast are preparing for a Senate inquiry into their pending spectrum deal, as regulators monitor talks for precious airwaves.
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Tue Jan 24, 2012 1:58 pm | By
Verizon is staking its earnings on data services, despite slumping margins from discounted iPhone sales.
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