Verizon Communications Inc. (NYSE:VZ) is expanding the LTE Home Internet to rural areas of 189 markets across 48 states. This comes after the successful launch of LTE Home internet service in the summer, which leverages its 4G LTE network.
Verizon expands LTE Home Internet to more remote areas
The broadband internet service allows customers to study, home school children, or work remotely through the award-winning 4G LTE network. Subscribers will receive unlimited data and download speed of up to 25 Mbps and peak downloads of up to 50 Mbps and setting, or the router is easier as no technician is required. For now, wireless customers can receive the service at $40 per month, provided they are on a monthly cellular plan costing over $30. Subscribers who don’t have an existing cellular plan with Verizon can access the service at $60 per month with autopay or paperless billing.
The router that customers will use costs around $240 upfront, but there is a device payment plan whereby users will pay $10 per month for two years. Should you opt for the payment plan, the carrier will apply a promotional credit of $10 per month for 24 months, and you get to enjoy the internet without any data caps.
Expansion of network out of need due to pandemic
Frank Boulben, Verizon’s SVP Consumer Marketing, and Products said that they launched LTE Home Internet in the summer to select markets, and as a result, the response has been tremendous. He added that it is clear that connectivity has become even more important during the pandemic, which is the reason Verizon moved to expand the broadband internet service to more remote areas across the US.
Recently J.D. Power named the company the most awarded wireless carrier in terms of network quality for the 25th successive time. With more customers adding more home connected devices in the wake of the pandemic, Verizon has been enhancing its network capacity. In the last two decades, Verizon has invested over $145 million to meet the growing wireless data demand.