| 4th December - Verizon Wireless
announced plans to develop and deploy its fourth generation mobile broadband network
using LTE Long Term Evolution the technology developed within the
Third Generation Partnership Project (3GPP) standards organization. The selection
of LTE provides Verizon and Vodafone joint owners of U.S.-based Verizon
Wireless with a unique opportunity to adopt a common access platform with
true global scale and compatibility with existing technologies of both companies.
Verizon and Vodafone have a coordinated trial plan for LTE that begins
in 2008. Trial suppliers include Alcatel-Lucent, Ericsson, Motorola, Nokia-Siemens,
and Nortel. These suppliers, along with others in the world community, have contributed
significantly towards development of the standards in 3GPP. Discussions with device
suppliers have expanded beyond traditional suppliers such as LG, Samsung, Motorola,
Nokia, and Sony Ericsson, as consumer electronics companies anticipate embedded
wireless functionality in their future products. Working within 3GPP, Verizon
and Vodafone, as well as a broad group of infrastructure suppliers, device suppliers,
and technology companies from around the globe, have advanced the standards to
enable a technology that will deliver unprecedented wireless broadband service
for high performance mobile computing, multimedia, and consumer electronic devices
and applications. The technology is designed to deliver mobile data networks with
higher speed and throughput performance, lower latency, global roaming, and improved
efficiencies. Todays LTE announcement builds on Verizon Wireless
technology leadership as the first company to launch high-speed wireless broadband
service in the United States using CDMA Evolution-Data Optimized (EV-DO) technology.
Its data innovation and leadership have been marked by the introduction of new
multimedia handsets and innovative applications such as V CAST Music, V CAST Video,
VZ NavigatorSM, V CAST games, e-mail, Internet access, and picture and video messaging
on a variety of devices, including handsets, PDAs and laptops. Richard
Lynch, executive vice president and chief technology officer of Verizon Communications
observed that while this next generation technology will be exciting to
develop and deploy, it comes at a time when we are adding record numbers of customers
to our existing CDMA2000 1x and EV-DO networks. We relish the challenge of preparing
for the time when our customers start demanding such 4G capabilities, while continuing
the expansion and operation of our existing technologies for many years to come.
The companys move toward a 4G network is driven by our vision
of pervasive wireless Internet connectivity and mobility, said Lynch. Customers
want to be truly untethered with advanced communication devices that provide functionality
comparable to todays wired networks whether its downloading
or uploading video, gaming, downloading their favorite music, or social networking.
They want to be able to communicate in new and innovative ways whenever and wherever
they choose around the globe. A number of factors are setting the stage for our
4G network migration; most importantly, our view of customers evolving appetite
for more information, entertainment, and functionality, combined with an increasing
customer expectation for easy access, high speed, easy handling, and seamless
mobility. With a host of new devices and applications, and a particular focus
on embedded wireless in virtually every piece of electronics you buy in any store,
we believe LTE is the best technology with global scale to deliver on the promise.
Vodafone is delighted to be working alongside Verizon in the development
of LTE technology, and were looking forward to assessing the results of
the joint engineering trials. We fully support Verizons decision to select
LTE as their next generation wireless broadband solution, said Steve Pusey,
Vodafones global chief technology officer. We expect LTE to form a
key part of Vodafones future technology strategy, and the prospect of moving
towards a common platform with Verizon Wireless is an attractive long-term goal.
LTE will build on the capabilities of Vodafones 3G broadband High Speed
Packet Access (HSPA) network technology, which is available across the entire
Vodafone 3G footprint. Todays 4G announcement, coupled
with our Open Development initiative announced earlier this week present a major
growth opportunity for Verizon Wireless, said Doreen Toben, chief financial
officer of Verizon. Fourth generations higher data speeds will usher
in a new era of wireless applications and appliances, all of which can benefit
from connecting to the nations premier wireless network. Back
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