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December 04, 2012
There is a reason that AT&T (News - Alert) is one of the top companies when it comes to cellular providers. It has been a pretty good year for the company when referring to both its smartphone sales and iPad shipping numbers. Part of its success has been its ability to stay one step ahead of its competitors with deals such as offering deep discounts on iPads with a two-year contract. This allows the company to cash in on the popularity of the tablet, while making sure that it has loyal customers for at least 24 months (unless they want to pay a hefty early exit fee.) LTE (News - Alert) is another way in which the company is cashing in big time, and AT&T announced yesterday that it has expanded its already impressive LTE network to six new markets.
The 4G LTE Network is now in three markets that cover Puerto Rico as well as Salt Lake City, Utah; Albuquerque, N.M.; and Reading, Pennsylvania. The three Puerto Rico markets means that Guayama, San German-Cabo Rojo, and Yauco all have access to 4G LTE speeds when accessing the AT&T network from their smartphones or iPad tablets.
The new markets mean that AT&T now boasts more than 109 different markets covering more than 150 million customers. 4G LTE is only going to get more popular as the years roll on, especially now that it is becoming even easier for providers to switch over their networks from 3G to 4G LTE.
In November, AT&T also announced that the expansion was only part of its plan. Over the next three years the company says that it will be improving and beefing up its networks. The Project Velocity IP (VIP) is expected to cost the provider $8 billion. When Project VIP is done, AT&T will have market coverage of more than 300 million people in the United States.
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Edited by Brooke Neuman