This Day On The Street
Continue to site
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

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

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

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.30 -0.92%
FB $118.08 0.55%
GOOG $695.81 0.50%
TSLA $234.18 0.80%
YHOO $35.97 -0.11%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs