Verizon's Lynch: LTE on track for 2010 launch
BARCELONA, Spain--During a press conference announcing Verizon Wireless' new membership in the GSMA, Richard Lynch, CTO of Verizon Communications, said the carrier is on track with its LTE deployment and that he is confident the company will launch its planned 25 to 30 LTE markets this year. He added that two markets--Boston and Seattle--will be ready within the next 60 days.
However, in an interview later with FierceWireless, Lynch clarified that even though Boston and Seattle will be commercially ready in 60 days, the company will not launch those markets until later in the year. "Boston and Seattle will be fully passed in terms of testing, and then we will announce to our vendors that we are ready for commercial infrastructure deployment in a big way," he said. "I have no doubt that we will make a 2010 launch."
Lynch added that LTE devices will be ready this this year. In fact, the company is already evaluating about eight to 10 LTE end-user devices. Although the majority of those devices are USB dongles, he said that there are a few handsets in the mix. In fact, he said he expects to introduce LTE handsets more quickly than expected because of all the developments in LTE devices and the standardizing of voice over LTE.
Also at the press conference, the GSMA announced it would adopt the work of the One Voice initiative to develop a global standard for voice over LTE. Verizon is part of the group and Lynch said that having a common standard for voice will be critical for international roaming among LTE networks. "From the beginning it was our belief that voice over LTE was a necessity," Lynch said. "Voice is just an application. Now we have a standard application and API set."
Lynch added that just because Verizon is part of this group, it doesn't mean the company won't have other VoIP offerings, but he wouldn't provide any further information. Verizon announced on Friday that it will be holding a joint press conference tomorrow with VoIP provider Skype. It's possible that the two firms will unveil a Skype client for Verizon handsets.
For more
-see this press release
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Verizon and AT&T = The Most Expensive Wireless Plans in America
Wireless Profit Margins:
Verizon Wireless = 45 percent
AT&T = 39 percent
Sprint = 18.2 percent
Now we know where Verizon and AT&T get all that money to run commercials 24x7 and pay out big executive bonuses -- the American consumer.
Friend, the wireless industry has been giving more bang for the buck and dropping their prices year over year for decades now. Can you say that about the education, government, healthcare or about any other industry in america? uh, no...
When compared to other executives on wall street and non-competitive sectors, these guys don't make near the money of their peers. How many telco billionaires come to mind? Maybe 1...



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