Verizon to use new spectrum for advanced wireless

VERIZON TO USE NEW SPECTRUM FOR ADVANCED WIRELESS
Verizon Wireless said on Friday it would use the airwaves it won in a government auction last month for its next generation of high-speed wireless services, expected to debut around 2010. Verizon Wireless CEO Lowell McAdam said the spectrum would be used for a network Verizon Wireless plans to build based on an emerging technology known as Long Term Evolution, which it expects to boost revenue by connecting "everything and anything together." Verizon will use the airwaves to connect a broad array of devices, such as digital media players, gaming consoles and even home appliances, McAdam said.
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