Verizon Wireless: $1B 3G Data Network Investment

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Verizon Wireless will invest $1 billion in the next two years to deploy a high-speed wireless Internet data network nationwide. The network, which will use third-generation or ā€œ3Gā€ technology provided by Evolution-Data Optimized (EV-DO), will be fast enough to allow consumers to download video and music as well as send video messages.

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