Verizon announces USD240m investment in Florida network during 2012

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[December 28, 2012]

Verizon announces USD240m investment in Florida network during 2012

Dec 28, 2012 (M2 EQUITYBITES via COMTEX) -- US wireless communication services company Verizon Wireless on Thursday said that it has invested approximately USD240m in network enhancements in Florida during 2012, aimed at expanding its 4G LTE and other advanced wireless technologies to customers across the state.

This rapid rollout of the company's 4G service is expected to continue in 2013, with Verizon's 4G LTE scheduled to cover the company's entire Florida network footprint by the end of the year. Currently, Verizon's 4G LTE already covers all of Florida's major markets and is accessible to the vast majority of the state's population.

Among the special initiatives by the company during 2012 is the completion of high-tech installations and upgrades to numerous large sports facilities in Florida by Verizon's network engineers. These venues include Amway Arena and the Florida Citrus Bowl in Orlando; Daytona International Speedway in Daytona Beach; Ben Hill Griffin Stadium (The Swamp) in Gainesville; Doak Campbell Stadium in Tallahassee; Marlins Park and Dolphins Stadium in Miami; Everbank Field in Jacksonville and Brandon Forum, St Pete Times Forum, Raymond James Stadium and Tropicana Field in the Tampa Bay area.

Also, the highlights of Verizon's Florida network investment in 2012 include activation of numerous new transmission sites and upgrades to hundreds of existing locations to reinforce 4G LTE and 3G network coverage throughout the state; upgrades to five 'super-switch' network processing centres in Jacksonville, Orlando, Tampa Bay, Jupiter and Pembroke Pines and installation of in-building systems that use dozens of small wireless transmitters to ensure strong coverage inside high-priority public safety facilities such as police stations, emergency command centres, hospitals and more.

In addition, teams of technicians spanned the state in sophisticated vehicles to measure connection quality on the Verizon Wireless network versus other carriers. Verizon said that it has also reinforced its 3G EVDO technology during 2012 in Florida.

Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ) (Nasdaq:VZ) and Vodafone (LSE: VOD) (Nasdaq:VOD).

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