Verizon Wireless 2009 Annual Report Download - page 9

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7
VERIZON COMMUNICATIONS INC. 2009 ANNUAL REPORT
next-generation wireless services. We purchased a large amount of
wireless spectrum previously used for analog television broadcasts.
This valuable single-frequency spectrum footprint covers the entire
lower 48 states plus Hawaii, and will give Verizon customers nationwide
bandwidth and coverage, whenever and wherever they need it.
The performance and capabilities of LTE will be unmatched in the
marketplace, allowing customers to do things never before possible
in a wireless environment. The advantages include faster speeds,
lower latency, improved efficiency, better in-building penetration and
simplified worldwide roaming – just to name a few. We plan to launch
our 4G network in 25 to 30 markets in 2010 and cover virtually our
entire current nationwide 3G footprint by the end of 2013.
4G opens a whole new world of connectivity, extending beyond
the conventional wireless handset to new and advanced products and
solutions, innovative devices, and worldwide capabilities. Verizon’s 4G
network promises to offer an enhanced experience for our customers
and new growth opportunities for our shareowners.
The next great wave of wireless innovation begins with the fourth-
generation of wireless technology. 4G will integrate wireless broadband
deeper into the lives of our consumers and provide enhanced
connectivity between a wide variety of traditional and non-traditional
wireless devices. There will be a proliferation of consumer electronics –
from cameras and multi-player games, to household appliances
and health monitoring devices – all with direct mobile broadband
connections.
4G will also embed wireless broadband into the basic functions
of business and industry. There will be a surge of wireless devices that
communicate with each other – from motion detectors and inventory
trackers, to energy monitors and heat sensors – in every home, vehicle,
building, shipping container and supermarket shelf. The potential
growth of the machine-to-machine market is extraordinary.
Verizon is well positioned to lead our industry into the 4G era.
This year we’ll begin deploying the nation’s first 4G network based
on LTE (Long Term Evolution), the emerging global standard for
Building the Premier 4G Network
7
VERIZON COMMUNICATIONS INC. 2009 ANNUAL REPORT