Apple Developing LTE Products Says Verizon Wireless CEO

Verizon Wireless sold more iPhone 4s during its initial launch than any other product in the carrier’s history, said Chief Executive Daniel S. Mead.

Mead also said he expects Apple to offer mobile devices on the carrier’s 4G technology, although he declined to specify the nature of those products or when they would be released. Verizon’s fast fourth-generation wireless network, which it recently launched, runs on a technology known as Long-Term Evolution, or LTE.

“You’ll see more coming from Apple on LTE,” he said. “They understand the value proposition of LTE and I feel very confident that they are going to be a part of it.”

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