How useful is a super-fast wireless broadband network if there are no super-speedy phones that run on it?
The wireless broadband network operator posted a loss from continuing operations of 81 cents a share, worse than the Street consensus forecast for a loss of 35 cents.
"Verizon Wireless has a demonstrated commitment to innovation, and we're excited to combine our open product development platform with the nation's best wireless broadband network, " said Peter Semmelhack, founder and chief executive officer of Bug Labs.
ENGADGET: Bug Labs to offer pre-certified modules for Verizon's network
The broadband wireless network operator made the comments in response to a Bloomberg story yesterday which said the company had talked to Blackstone Group about possible financial restructuring alternatives.
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The bill would allocate additional spectrum to the Public Safety community for a nationwide broadband network and provide secondary wireless broadband services to most of rural America.
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Concurrently, greater availability of wireless broadband Internet, shared network printers, and mobile computing has made it easier for groups to share printers, putting additional downward pressure on demand for printers.
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The Verizon Wireless 4G LTE Mobile Broadband network, launched in December 2010, is the fastest, most advanced 4G network in the United States, providing speeds up to 10 times faster than Verizon Wireless' 3G network.
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Verizon Wireless continued to roll out its 4G LTE mobile broadband network, the largest such network in the U.S. As of today, Verizon Wireless 4G LTE service is available to more than 230 million people in 337 markets across the U.S. - nearly 75 percent of the population.
ENGADGET: Verizon issues Q2 earnings, touts $15.8 billion service revenues in Wireless
Verizon Wireless' 4G LTE Mobile Broadband network currently reaches one-third of all Americans, with plans to expand the network to the company's entire 3G coverage area over the next three years.
ENGADGET: Panasonic and Verizon team up to Mobile HD Visual Communications System using LTE
Devices that use Verizon Wireless approved Bug Labs' modules and that connect to the Verizon Wireless network via pre-approved Verizon Wireless Broadband Access cards or removable modems do not need to be submitted for any testing by Verizon Wireless before they may be activated on the Verizon Wireless network.
ENGADGET: Bug Labs to offer pre-certified modules for Verizon's network
If any further evidence was needed that Rwanda is in a hurry to become Africa's ICT hub, then this is surely it, the South Koreans are here installing 4G Network called WiBro (Wireless Broadband) which will bring unparalleled connectivity across the city of Kigali.
The plot is thickening in the bidding war that has cropped up between Sprint and Dish Network for control of the wireless broadband provider Clearwire.
FORBES: Clearwire Shares Inch Higher; Dish Bid Not Quite Dead Yet
Unlicensed National Information Infrastructure (U-NII) devices today operate in 555 megahertz of spectrum in the 5 GHz band, and are used for short range, high speed wireless connections including Wi-Fi enabled local area networks and fixed outdoor broadband transceivers used by wireless Internet service providers to connect smart phones, tablets and laptops to the broadband network.
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The merger would accelerate deployment of a nationwide LTE 4G wireless network that would bring high-speed broadband to 97 percent of Americans.
Some of this money will go into improving its wireless broadband service, taking its faster LTE or 4G network to 97% of Americans, it said.
The solution: For a few billion dollars, Apple (nasdaq: AAPL - news - people ) could get into the phone business itself, buying the spectrum it needs to offer not just voice service for all those iPhone users, but to build the broadband wireless links it needs to offer next generation, network-centric computing, communications and entertainment.
The tablets were too bulky, too slow, too expensive, and wireless connectivity had not yet advanced to broadband Wi-Fi and wide-area network services.
FORBES: Will the iPad Prevail in the Battle for Business Tablets?
The carrier also is spending billions of dollars to build out a next-generation broadband network, using a technology called LTE, that can handle more wireless data traffic.
The combined firm will be able to use this prime wireless real estate to build a 4G network, perhaps using Flarion's technology or WiMax, an emerging wireless-broadband standard.
While the wireless industry has applauded this move to allocate more spectrum for broadband services, the implications for existing network operators and other companies that might want to bid on this new spectrum are many.
"This new agreement allows LightSquared an opportunity to focus its efforts on obtaining the necessary regulatory approvals to begin building the nation's first, coast-to-coast wireless broadband system, " said Doug Smith, LightSquared's interim chief operating officer and chief network officer.
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In India, where fixed-line broadband links are rare, many will get their first taste of speedy surfing over a wireless network.
ECONOMIST: After years of delay, India launches 3G telephony��sort of
In Europe there is movement by the wireless broadband providers to charge the Netflixes of the world for the amount of data they put over the network in order to help operators pay for additional network build-out.
It must be noted that Dish Network bought a large amount of wireless spectrum with the acquisitions of Terrestar and DBSD North America last year, and it plans to launch a broadband network.
FORBES: Dish Disappoints With Subscriber Losses But Is Still Headed To $33
Add free Netflix streaming to the list of reasons why people are choosing cable as their broadband provider, particularly if they live in an area that is covered by the new network of free wireless hotspots.
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