Verizon is planning to add more spectrum to its spectrum holdings in the US, according to an article by Verizon’s chief operating officer, David M. Decker.
Decker said the company has committed to buy more spectrum and would be expanding its network, which already covers 1.4 million square miles.
Verizon, which was acquired by AT&T for $4.4 billion in 2013, currently covers a combined 4.6 million square feet in the U.S. and Canada.
Verizon is investing $10 billion in the spectrum, which is needed to expand its network and bring LTE to more markets.
Verizon also is looking to increase the number of Spectrum mobile users in the future.
Verizon’s mobile customers now account for more than half of the mobile spectrum that Verizon has sold.
Verizon said it is increasing the number and range of Spectrum devices it sells by 10 percent annually.
Verizon currently sells its Spectrum mobile network in five markets: Las Vegas, Las Vegas Metropolitan Statistical Area, Las Virgenes, Las Veldsland, and South Dakota.
Verizon says that its plans to add LTE to its network in the next three years will result in an additional 2.3 million square foot increase in Spectrum mobile customer base.
“Our plan for Spectrum mobile customers is a significant investment to expand our network and deliver the best possible mobile experience for our customers,” Decker said.
“Spectrum mobile has been our No. 1 priority in the last five years and we continue to work hard to bring new spectrum to the market.”
Verizon is already expanding its mobile network across the US.
In December, the company unveiled a new Spectrum mobile service that offers customers access to all Verizon wireless networks and features such as call forwarding and video calling.
Verizon has been investing heavily in LTE infrastructure and is planning additional investment to increase LTE capacity in the coming years.
Verizon recently added a new LTE signal to its 700 MHz spectrum holdings that it plans to use to add 5 gigabits per second (Gbps) LTE to the network.
Verizon Wireless has also been working on plans to expand LTE to 4G LTE markets in Mexico and Central America.