Profit From the Push to 4G LTE
Yesterday, Verizon Wireless, which is jointly owned by Verizon Communications (VZ) and Vodafone (VOD), announced its plans to double the number of market across the U.S. that have 4G LTE service to at least 400 by the end of 2012. That equates to 260 million Americans, far surpassing the 150 million that AT&T (T) targets by the end of this year. As part of its strategy Verizon Wireless will only unveil smartphones capable of running on its 4G LTE network from now on. Shrewd investors can position themselves to take advantage of this looming high-speed push with a trio of ancillary equipment plays.
While this move raises the bar for AT&T to build out its 4G LTE network, it also resurfaces on-again/off-again questions about Sprint-Nextel's (S) next-generation network dubbed Network Vision given the expected split with Lightsquared, which was to be a key part of Sprint's network migration to 4G LTE. Not only did Sprint share plans for an aggressive buildout of Network Vision, the company is also currently juggling a CDMA network, an iDEN network for Nextel and a WiMax network with Clearwire (CLWR)....302 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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