Mike Haberman

LAS VEGAS--Verizon Wireless said that almost 50 percent of its data load now travels over its LTE network. The figure is up significantly from October, when Verizon said that 35 percent of its data traffic moved over its LTE network. Further, the carrier said it expects overall data traffic to grow by a factor of seven during the next three years.

Verizon Wireless ( NYSE:VZ ) attributed the recent spate of LTE service outages it experienced to "growing pains" that come with building the largest LTE network in the country. The company said while