Verizon Wireless, a joint venture between Verizon Communications Inc and Vodafone Group plc will debut its first 4G handset “ThunderBolt” on March 17. The smartphone will be available at all Verizon stores and is priced at $249.99 with a two-year contract.
Verizon will sell its first 4G handset in collaboration with HTC Corp. and will run on Google Inc Android software program. By virtue of being the first and only 4G handset, ThunderBolt will take full advantage of Verizon's latest Long-Term Evolution (LTE) network, which offers download speeds of 5 to 12 Mbps and upload speeds of 2 to 5 Mbps.
The company started deploying its high-speed LTE network in December with average download speed more than five-times faster than the company’s 3G network. It covered approximately 39 markets with around 110 million people at year-end 2010. Verizon plans to expand its 4G LTE network in 140 additional markets by the end of 2011and cover virtually its entire nationwide 3G footprint by the end of 2013.
To support these services, Verizon expects to unveil ten 4G devices––four smartphones, two tablets, two notebooks and two additional 4G devices by mid 2011. In addition, as part of its 4G LTE network deployment plans, Verizon announced collaborative efforts with rural companies to build and operate 4G networks in those areas, using Verizon Wireless' 700MHz spectrum
NEW YORK (AP) -- AT&T Inc. said Sunday it will buy T-Mobile USA from Deutsche Telekom AG in a cash-and-stock deal valued at $39 billion that would make it the largest cellphone company in the U.S.
The deal would reduce the number of wireless carriers with national coverage from four to three, and is sure to face close regulatory scrutiny. It also removes a potential partner for Sprint Nextel Corp., the struggling No. 3 carrier, which had been in talks to combine with T-Mobile USA, according to Wall Street Journal reports.
AT&T is now the country's second-largest wireless carrier and T-Mobile USA is the fourth largest. The acquisition would give AT&T 129 million subscribers, vaulting it past Verizon Wireless' 102 million. The combined company would serve about 43 percent of U.S. cellphones.



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