The default speed of Verizon Wireless’ FiOS Internet service is now at 50 mbps. This piece of news comes as the growth of new subscribers for the Big Red’s feature is starting to slow down.
As explained by Fran Shammo, the chief financial officer of the biggest wireless carrier in the United States, during a recent fourth quarter earnings call, more and more mobile users, particularly subscribers of Verizon Wireless, are electing to subscribe to higher data speeds. This serves as a sort of indication that mobile users of today are truly getting more reliant on the Internet and are obviously requiring more data and improved data speeds.
Making good on its plans to conduct a dramatic overhaul of its current cellular network, major US wireless carrier Sprint has decided to relocate its towers from real estate rented from Crown Castle and American Tower, to government owned land where the lease is significantly less expensive, according to Re/code. This move could allow Sprint to save as much as a billion dollars. Re/code’s report indicates that the relocation could begin as early as June of this year.
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