Verizon CTO: LTE provides in-home broadband opportunity

Verizon (NYSE:VZ) has a strategy to use its LTE network as a DSL replacement, said Dick Lynch, executive vice president and CTO of Verizon, in an interview with GigaOm. "[LTE] provides a real opportunity for the first time to give a fixed customer in a home, broadband service--wireless--but broadband service," Lynch said. "In wireless, I see a great opportunity within the LTE plans we have to begin to service the customers who don't have broadband today... They will be able to have mobile LTE and also to be able to have fixed broadband." Article

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