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AT&T and Verizon challenged by Open LTE Network

AT&T and Verizon hopes of having the market share of LTE (Long Term Evolution) could now be challenged by a private equity firm based in New York. Harbinger Capital Partners is planning to build a 4G wireless network, in what is a multibillion-dollar contract.

In the plan, we will see the company deploy LTE over a spectrum that is owned by a number of satellite companies — in doing so will create an open wireless network. For any one who offers mobile broadband, they will have the opportunity to pass this wholesale network to its customers.

The reason why this will affect AT&T and Verizon is the fact that they will no longer be able to purchase huge chunks of the network or spectrum, which GIGAOM explains in more detail. AT&T and Verizon are all for LTE, Sprint prefer to go down the WiMax route, read more about that in a our recent article.

If all goes to plan, then this new network will launch in Q3 2011 and will offer Open LTE to more than 9 million people in the U.S. — first trials are to begin in Denver and Phoenix.

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Written by Peter Chubb

Peter has been writing on Product-Reviews since 2007 and in that time much has changed for him, like his hair having more grey than brown now. He loves gadgets and cars, and gets excited when big events come up, such as CES and the big auto shows.

Contact Peter Chubb: [email protected]

He started out working in a factory and dreamed of the day when he could become his own boss; That happened back in 2002 and he has never looked back since. Things have changed so much on the Internet in that time, but he has adapted well.

Contact Peter Chubb: [email protected]

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