Verizon’s 4G LTE device penetration
In the previous parts of this series, we looked at the YoY (year-over-year) fall in Verizon’s (VZ) postpaid additions in 4Q15. We also saw that smartphone penetration in Verizon’s postpaid customers continued to grow during the quarter. Now let’s look at the momentum of expansion in the penetration of Verizon’s 4G (fourth-generation) LTE (Long-Term Evolution) devices during the quarter.
The YoY growth of LTE devices for Verizon was robust in 4Q15. The carrier had ~84.4 million LTE device connections in the quarter. This figure was at ~67.4 million in 4Q14. A higher proportion of Verizon’s postpaid devices were on the LTE network by the end of 4Q15.
As you can see in the above graph, the penetration of these LTE devices among Verizon’s postpaid users expanded from ~66% in 4Q14 to ~79.2% in 4Q15. In 3Q15, this metric was at ~76.2%.
Traffic over Verizon’s 4G LTE network
The traffic on Verizon’s 4G LTE network continued the YoY growth trend during 4Q15. According to the telecom company, in terms of data traffic, ~90% of the total network traffic was on its 4G LTE network during that quarter. The YoY growth of traffic on this network was ~60% during 4Q15.
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