Verizon on Tuesday announced significant drop in revenue due to strike by nearly 40,000 employees in the U.S.
Verizon invested another $5 billion in enhancing its network during the first half of the year.
Verizon has 2.34 million square miles of LTE network coverage.
AT&T has nearly 600,000 square miles less LTE coverage than Verizon.
T-Mobile has nearly 1 million square miles less than Verizon.
Sprint has nearly 1.5 million square miles less than Verizon.
Verizon had consistently faster speeds than any other wireless network in 37 of 50 states, and tied in four others in the latest RootMetrics national performance study.
A one percent gap in reliability equals nearly 10,000 more failed connections per minute versus Verizon’s network. That’s 5 billion more failures a year.
Verizon has now invested about $116 billion in network since 2000, more than any other wireless company.
In the first half of the year, Verizon network started offering “carrier aggregation” to more than 450 cities across the US.
Verizon’s 4G LTE network is offering, on average, 5 Mbps to 12 Mbps while downloading and 2 Mbps to 5 Mbps while uploading.
Verizon has invested for expanding its XLTE network technology for doubling 4G LTE bandwidth covering nearly 2.4 million square miles in 466 markets, including 13 new markets launched in the last 90 days.
Verizon installed more than 1,500 new cell sites and added XLTE technology to more than 1,700 sites from January to July.
Verizon has deployed new small cell sites and Distributed Antenna Systems (DAS) in locations across the U.S. Through mid-2016, Verizon deployed more than 2,100 small cell solution nodes, including dozens installed throughout the San Francisco Bay Area in advance of Super Bowl 50. Verizon has deployed more than 350 DAS solutions this year.