Verizon's LTE Plans Get Real

[qi:gigaom_icon_lte] UPDATED: Verizon Wireless (s VZ) plans to launch its LTE networks commercially in the second half of 2010 and finish its deployment by 2014, according to comments made by Lowell McAdams, president and CEO of Verizon, on a conference call earlier this week. That’s slower than its previous plan to launch them at the end of 2009 or the first half of 2010, as noted earlier this year, but keeps Verizon within its goal of getting 20-30 markets launched in 2010. Lowell McAdams, president and CEO of Verizon Wireless, PCMag, which covered the call, also gave a realistic assessment of its LTE network’s possible speeds, which it says would offer between 8 and 12 Mbps down. LTE has the capacity for 150 Mbps down, but we were always pretty confident that wasn’t going to happen.