Verizon LTE Network (700 MHz spectrum) in 2010

Verizon LTE Network (700 MHz spectrum) in 2010. Verizon Wireless plans to launch its LTE network in the 700 MHz spectrum in the 2010 timeframe. The company said the breadth of the national C-block spectrum footprint, all in a single band and with a depth of 22 MHz, provides a speed and performance advantage that will be ideal for connecting a variety of consumer electronics, from wireless phones to medical devices to gaming consoles. In addition, the 102 individual licenses in the A and B-blocks provide additional growth capacity in key markets.

“The spectrum we purchased in this auction, combined with our existing portfolio, provides new flexibility as we execute our high-growth business model,” said Lowell McAdam, the company’s president and CEO.

“We now have sufficient spectrum to continue growing our business and data revenues well into – and possibly through – the next decade, and this is the very best spectrum with excellent propagation and in-building characteristics. We also believe that the combination of the national, contiguous, same-frequency C-block footprint and our transition to LTE will make Verizon the preferred partner for developers of a new wave of consumer electronics and applications using this next generation technology.

“In all, this spectrum positions us well to preserve our current advantage and reputation as the nation’s most reliable wireless network and the leader in data services. This is a wise investment in future data growth opportunities,” he said.