In recent weeks, most of Asia’s major telecommunications providers are talking about making the move to LTE and 4G technology. These mobile data services are seen as a quick way to jumpstart their faltering economies.
LTE is also doing great in the United States and Europe as well. Investments in LTE are seen as a necessary prerequisite to growth.
In South Korea, there are plans to have a nationwide network of these technologies by the end of the year 2013. But, getting a handset may prove to be a problem as there is not yet wide availability of these items there.
All the major service providers, besides Verizon, including Sprint, T-Mobile, and AT&T are gearing up to provide 4G and LTE services. They all want to be your carrier but there are some important things to consider. Coverage is one of the features that consumers will have to figure out which one has the best plan. All the major carriers except Sprint will use LTE as part of their service. Sprint plans to use WiMax as their service feature. China Mobile is also ready to do the 4G plan as well.
Verizon has plans to make the best use as possible of its 4G technology. Next year early on, there will be more handsets more widely available. In fact, this has the been the major problem they have had is where to get more handsets as quickly as they can for markets in the United States and overseas as well. They will unveil their newest smartphone at Las Vegas at the Consumer Products show next month.
With all the carriers launching their 4G products and services, there are bound to be some side effects of this. Some of them have included a delayed rollout, competing claims over services, and just all around confusion about what 4G actually is. Many consumers and businesses alike are confused and not sure what to believe. There are mostly tiered service plans being offered with consumers being pressured to upgrade to the highest levels possible. There are also security issues that are tied into this release. Hackers could get into a site and take it down quite easily because of the rush to get these sites released and open to public view.
What effect will all of this have on pricing for businesses? Verizon and AT&T both offer totally different pricing systems. With data usage set to surge upward in 2011, many companies will be paying a close eye to them both as far as pricing goes and how the connectivity speeds spin out. There are many business uses including video conferencing, streaming videos faster, GPS navigation and maps, and document downloads which business owners and users must be able to access at a competitive rate to survive. How will this affect how these two major carriers set their pricing standards? It will be interesting to see how this plays out in the business world and how these competing companies will go about attracting new business users and keeping their current ones.