Verizon Wireless To Invest More Than $200 Million In Its
$4 Billion Nationwide
Company's Network Expansion Designed to Stay Ahead of Wireless Growth
May 2, 2001
Continuing its aggressive network investment, Verizon Wireless today announced it will spend more than $200 million this year in the Washington-Baltimore-Virginia Region to enhance its digital wireless network, already the best in the region, to deliver the most advanced wireless voice and data services to its customers.
The company will expand coverage and increase capacity in its switching centers and cell sites to handle the strong demand for its wireless services. In addition, the company will begin to upgrade its network with third generation (3G) wireless technology which offers wireless Internet services at speeds up to 10 times faster than available today.
Customer growth, greater usage due to high value pricing like SingleRateSM national and regional calling plans, and the popularity of its Mobile Web wireless Internet services are driving the local demand for the company's wireless services. Staying ahead of the wireless growth curve requires continuing network expansion and enhancements.
"We've invested heavily in our network over the years to ensure our customers enjoy reliable, high quality wireless service," said Patrick Devlin, president of the company's Washington-Baltimore-Virginia Region. "At the end of the day, what matters most to customers is being able to make a wireless call when and where they want to, whether it's an emergency, a business callback or for personal convenience."
The Washington-Baltimore-Virginia Region's network investment is part of the company's nationwide $4 billion network improvement program in 2001 to offer customers service on the most extensive wireless network in the U.S. The company's CDMA (Code Division Multiple Access) digital technology provides better voice quality than rival technologies and enables the company to serve more customers and handle more simultaneous calls. Verizon Wireless has the largest digital customer base in the U.S.
Devlin said the company's network investment also will contribute to the economy. "Our spending continues to have a positive economic effect for equipment manufacturers, construction companies and small businesses in the area," he said.
In addition to the network expansion, the company plans to increase its customer-facing workforce in the Northeast by about 5 percent in 2001.
Editor's Note: To find out how the Verizon Wireless network investment will benefit your area, please call Sherri Cunningham at 202 484-2776.
About Verizon Wireless
Verizon Wireless is the largest wireless communications provider in the U.S. with more than 27 million wireless voice and data customers. The coast-to-coast wireless provider was formed by the combination of the U.S. wireless businesses of Verizon Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD), including Bell Atlantic Mobile, AirTouch Cellular, GTE Wireless and PrimeCo Personal Communications. Verizon Wireless has a footprint covering more than 90 percent of the U.S. population, 49 of the top 50 and 96 of the top 100 U.S. markets. The company, headquartered in Bedminster, NJ, is 40,000 employees strong. Reporters and editors can find more information about the company on the Web at http://www.verizonwireless.com.
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