Verizon Wireless said to be in talks with a number of rural telephone carriers to license its wireless spectrum according to Wall Street Journal that could potentially help to bring next-generation wireless broadband service to remote areas of the U.S.

Verizon Wireless Chief Executive Lowell McAdam said the move—unusual, because carriers typically guard spectrum, which is expensive and scarce—will help it more quickly expand the reach of its new fourth-generation network.

Verizon is said to be on track to deliver an outstanding wireless data experience to customers in the area, as well as in 25 to 30 other markets, covering roughly 100 million people by the end of this year. Verizon Wireless has been testing its forthcoming 4G LTE network in Boston since August 2009.

source:Wall Street Journal | Read full story