Motorola 4G Phone Comes to Verizon – Will the iPhone be Next?
January 03, 2011 at 05:00 AM EST
Verizon Communications Inc. (NYSE: VZ ) last week struck a deal to make Motorola Inc. (NYSE: MOT ) the first handset maker to enter the market using the carrier's new, fourth-generation (4G) high-speed network. The network, which employs a technology called Long-Term Evolution (LTE), is designed to provide wireless Internet connections fast enough to compete with land-based cable modems or fiber optic technology. " We've got LTE smartphones on the horizon ," Stratton told The Wall Street Journal in an interview. "Motorola will be right there."
