It’ll be interesting to see the price elasticity curve on this capability
Verizon Wireless has selected Boston and Seattle as the first two US cities to test its new wireless data service, with speeds five to 10 times faster than the service used today by such popular handsets as Apple Inc.’s iPhone.
The new network could mean big changes in the ways people use their smartphones or laptop computers, at home and on the road. Today’s networks, known as 3G, are good enough for checking e-mail or visiting websites, but they’re too slow for high-quality video or real-time video gaming. They can’t match the speed of the hard-wired Internet services offered by telephone and cable TV companies.