Verizon CEO takes credit for LTE-capable iPhone, states that video streaming accounts for 50% of their traffic

Verizon says that 50% of their network's traffic is video streaming, thanks the LTE-capable iPhone.

@anthony256
Published Thu, Apr 11 2013 11:28 PM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Verizon's chief executive has come out swinging, saying that video streaming now accounts for 50% of Verizon's traffic. Verizon CEO, Lowell McAdam, was speaking at the National Association of Broadcasters, when he said that his company's investment in their LTE network has benefited their customers, making high-quality streaming video possible.

Verizon CEO takes credit for LTE-capable iPhone, states that video streaming accounts for 50% of their traffic | TweakTown.com

He also said that with 3G you could only watch small video clips that require heaps of buffering, but with 4G LTE there are endless possibilities. The network believes that streaming video will continue to be popular with customers, and that by 2017 it could consume two-thirds of all traffic on the Verizon network.

NEWS SOURCE:bgr.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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