According to a report over at PCMag.com Verizon's new LTE service hits maximum peaks of 21Mbps. The PCMag reviewer did some math and figured out that you could blaze through your 5GB monthly allotment in less than an hour! The report indicates that he averaged 15Mbps, but that was on an unloaded network. Verizon estimates that you should be able to average about 8.5Mbps on a fully loaded network. It seems the guys from "Spaceballs" have nothing on Verizon's LTE Service.
I like the idea of super-fast service, but that 5GB monthly cap could get really expensive if you are a heavy-user. Verizon charges an additional $10 bucks for each 1GB beyond the 5GB limit. Ouch! I can understand it from a business decision I suppose... Verizon sells broadband wired internet service and they don't want to compete with themselves. Furthermore, they probably want to keep demand down so the initial roll-out doesn't decimate their network. I hope it won't take long before they are able to further upgrade the technology and offer better plans. Let us know what you guys think in the forums!
by DGStorm