This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

$186 Million Invested In Philadelphia Region Network In 2012 To Enhance Technology, Services For Customers

Stocks in this article: VOD VZ

PHILADELPHIA, Jan. 29, 2013 /PRNewswire/ --  Verizon Wireless invested more than $186 million in network enhancements across its Philadelphia Tri-State Region, which comprises central and eastern Pennsylvania, southern New Jersey and Delaware, in 2012 to expand 4G LTE coverage and speed the deployment of other advanced technologies for its customers. This is the ninth consecutive year the company has invested more than $100 million in the region. The company's network investment in the Philadelphia region now totals more than $1.6 billion since 2000. The rapid rollout of 4G LTE, which launched in the Philadelphia region in December 2010, now covers 94% of the region's population and will continue to grow in 2013 with 4G LTE technology scheduled to cover the company's entire nationwide footprint by the middle of the year.

"In the two years since we first launched 4G LTE in the Philadelphia region and across the country, the '4G LTE ecosystem' has expanded from a few smartphones and laptop modems to include dozens of smartphones, tablets, mobile hotspots, modems and machine-to-machine devices," said Mario Turco president of the company's Philadelphia Tri-State Region. "Even more exciting for our consumers and business customers is that more devices and applications that run on the 4G LTE network are being developed every day. Our continuing aggressive investment in 4G LTE technology and other enhancements to our local network will ensure our customers have the very best technology at their disposal when they use their wireless devices."

New and expanded 4G LTE markets added in 2012 included the surrounding counties of Philadelphia; Lehigh Valley, the Jersey and Delaware shore areas; Lancaster- York, Pa., Reading, Pa., Pottsville, Pa., Stroudsburg, Pa., Sunbury, Pa., Williamsport, Pa., and Scranton/ Wilkes-Barre, Pa. All told, Verizon activated in excess of 600 4G LTE sites in the region last year and will continue to expand and fill in coverage in 2013.

Verizon 4G LTE is available in all of Philadelphia Tri-State's major markets as well as at virtually all major regional airports including, Philadelphia International, Harrisburg International, Lehigh Valley International ( Allentown), Lancaster, and New Castle ( Wilmington). 4G LTE coverage will reach the Atlantic City Airport with a network expansion in mid-2013.

Verizon Wireless also enhanced the state-of-the-art Distributed Antenna System (DAS) at Lincoln Financial Field and Citizens Bank Park, so Philadelphia sports fans can experience enhanced wireless service reliability and access to the company's 4G LTE and 3G mobile broadband networks.

The Verizon 4G LTE network is available to more than 273 million people across the U.S. – close to 89 percent of the U.S. population.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs