Verizon to Spend $1B on Wireless Upgrade

 
 
By Bruce Meyerson  |  Posted 2004-01-08 Print this article Print
 
 
 
 
 
 
 

Verizon Wireless on Thursday said it will spend $1 billion to reclaim the performance lead with an even speedier technology that just months ago the company insisted was not an urgent need.

NEW YORK (AP)—Two months after AT&T Wireless launched the nations fastest wireless Internet service, Verizon Wireless says it will spend $1 billion to reclaim the lead with an even speedier technology that just months ago the company insisted was not an urgent need. The next-generation technology being used by Verizon, which can provide wireless downloads to a laptop between five and 10 times quicker than a dial-up connection over a wired telephone, will be rolled out nationally over the course of two years, with some cities getting the service by this summer. To read the full article, click here.

 
 
 
 
 
 
 
 
 
 
 

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