Verizon To Break Ground On New Technology Innovation Center In Waltham, Mass., On April 15

WALTHAM, MA — Verizon will break ground Thursday, April 15 on its Technology Innovation Center, which will be a catalyst for delivering new and innovative devices and services that connect people, places and things using next-generation wireline and wireless technology. The new Waltham facility, focused on 4G Long Term Evolution (LTE) wireless networks, will build upon the history of the existing Verizon Technology Campus at Waltham, where dynamic research and testing that has influenced the daily lives of Americans has been taking place since the 1940s.

WHAT:The groundbreaking ceremony will feature leaders from Verizon and state and local government, including:

  • Dick Lynch, executive vice president and chief technology officer, Verizon
  • Greg Bialecki, Massachusetts secretary of housing and economic development
  • Waltham Mayor Jeanette McCarthy
  • Tom Hopcroft, president and chief executive officer, Massachusetts Technology Leadership Council

WHERE:Verizon Technology Campus117 West StreetWaltham, Mass.

WHEN:10:30 a.m. EDT on Thursday, April 15, 2010

BACKGROUND:The Verizon Technology Innovation Center is designed to provide a central base for Verizon’s advanced technology initiatives. Upon completion, the three buildings on the Verizon Technology Campus at Waltham will house more than 300 of the country’s leading technologists and scientists and will contain office and lab space as well as an Executive Briefing Center where partners, consumer electronics companies, innovation collaborators, business executives and public officials can meet to discuss and collaborate on forward-looking technologies such as FiOS and next-generation 4G LTE wireless technology.

The site in Waltham is an important hub of wireless technology and user trials. Verizon Wireless has been building and testing its 4G LTE network in Boston since August 2009. The company expects to launch its 4G LTE network in 25 to 30 markets, covering roughly 100 million people by the end of 2010.