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Verizon Partners with Nokia and Qualcomm to Boost Its Speed

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Verizon teams up with Nokia and Qualcomm

Verizon Communications (VZ) recently partnered with Nokia (NOK) and Qualcomm Technologies, a unit of Qualcomm (QCOM), to attain a live commercial 4G LTE network speed of 1.45 gigabits per second (or Gbps) in New York.

Verizon’s demonstration utilized Nokia’s AirScale base station and a Qualcomm mobile test device with a Snapdragon X24 LTE modem to reach this speed. Nokia and Qualcomm have used LTE Advanced technology by combining six separate channels of the spectrum, with a combination of licensed and shared spectrum.

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Verizon to launch 5G service in October

Verizon has been aggressively focusing on the expansion of its fiber-optic networks to support 4G LTE, the upcoming 5G wireless standards, and wireline connections. Starting in October, the top wireless service provider in the United States plans to launch next-generation commercial 5G wireless broadband services in Houston, Indianapolis, Los Angeles, and Sacramento. The company also plans to launch a mobile 5G hotspot and home Internet service in four markets for the initial deployment of its 5G wireless networks in the United States.

Verizon’s 5G service runs on the fiber-optic Ultra Wideband Network, which is designed to accelerate the connection speeds for a home’s connected devices. This service is expected to have an average speed of 300 Mbps, peaking at ~1 Gigabit.

The race to launch 5G

Among Verizon’s wireless competitors, AT&T (T), T-Mobile (TMUS), and Sprint are also working on 5G network deployment. AT&T also plans to roll out its 5G cellular services by the end of 2018.

After its merger with Sprint, T-Mobile is targeting its 5G launch in the first half of 2019. According to research by Statista, 5G wireless subscriptions are projected to reach 545.0 million by 2022.

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