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LTE forms basis of Verizon Wireless 4G lab, venture capital firms

Verizon Wireless is trying to make sure their LTE business hits the ground running and thus is bringing together network equipment vendors, venture capital companies and opening a lab for testing handsets reports pcworld.

Verizon plans on rolling out their LTE in Seattle and Boston later in the year with a commercial launch in 2010. Network vendors have stated that LTE is possible at roughly 100MB a second downstream but this will depend on several factors including carrier bandwidth allocation.

At the Verizon Wireless LTE Innovations Centre in Waltham, Massachusetts, Verizon has opened a lab to test and develop devices and apps on a functional LTE network where engineers from Verizon, Alcatel-Lucent and Ericsson will be at hand for assistance.