Verizon Communications Inc. (NYSE:VZ) To Launch Voice Over LTE Service

Boston, MA 08/28/2014 (wallstreetpr) – According to reports, Verizon Communications Inc. (NYSE:VZ) has been witnessing some of the best days for last few months. So many things from making its way among top five companies of the nation, to proposing launch of its voice over LTE service have happened for VZ in last few months. As per the current reports, VZ will launch its voice over service in the near future. Verizon Communications Inc. (NYSE:VZ) has got an excellent IP-based data network; hence, a new voice over LTE service will get the advantage of transmitting both video and voice call.

Insights of new voice over LTE plan:

As per the announcement made by the company, the price of this offer would be included in the rate plan of customers. All the voice calls made through LTE service will be charged traditionally from the voice bucket minutes. At the same time, the video calls that will be made through LTE service would come from the normal data plan taken by the customer. The primary condition of using this service is that customers on both sides of calls will have to have LTE enabled device. They will only be able to use this service within the LTE service area. Right now, Verizon Communications Inc. (NYSE:VZ)’s LTE service covers around 305 million potential customers which are close to its CDMA service users.

It is not the first time when a network provider has offered VoLTE services to its customers as two major networks of US i.e. T-Mobile US and AT&T Mobility have already launched this service. Although the service is not in use across these carriers due to incompatibility. The major advantage of introducing VoLTE service is that it reduces the extra burden from carriers who provide voice and data service. It also improves the quality of voice calls as well as the data service provided by different service providers.

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Published by Nicholas Maithya

Nicholas is a Financial Analyst by profession, who enjoys writing about investments, technological developments, business, economics and other financial topics at various financial publications. Join him here on Wallstreetpr.com as he endeavors to deliver to you the latest breaking news on the above mentioned fronts. Contact him by email at nmaithya@gmail.com or follow Nicholas Kitonyi @nmaithyak on Twitter.

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