Verizon Wireless Expands Its Network in Camden County; Investing to Stay Ahead of Growing Demand for Wireless Calling, Data Access23 March 2006
In a continuing effort to provide the best wireless service for residents and commuters in Camden County, Verizon Wireless, operator of the nation's most reliable wireless network, has expanded its network with a new cell site in Pennsauken. The new site increases coverage and capacity along parts of Route 130 in Pennsauken and Merchantville as well as the surrounding areas.
This expansion is part of the company's aggressive multi-billion-dollar network investment each year (more than $1 billion every 90 days) to stay ahead of the growing demand for Verizon Wireless voice and data services like two-way text, picture and video messaging and V CAST, which brings full-length songs, TV and other multimedia services to wireless phones over the company's high-speed broadband wireless network. In the Philadelphia Tri-State Region, the company invested more than $200 million last year and has invested more than $700 million over the past five years to enhance and expand its wireless network.
Demand for Verizon Wireless services continued during 2005 as the company set new records for customer growth. For the year, the company added 7.5 million net new customers, and more than 2 million net customer additions during the fourth quarter alone, an industry record. Verizon Wireless also maintained its position as the nation's wireless leader in customer loyalty (highest customer retention and lowest turnover rate). In the fourth quarter of 2005, the company posted a churn rate of 1.2%, well below the rate reported by the other national wireless carriers for the quarter.
The company's investment in its Philadelphia Tri-State Region wireless network, part of $30 billion invested nationally over the last six years, reflects its commitment to offer customers the most reliable wireless service available. The company's "most reliable network" claim is based on network studies performed by real-life test men and test women throughout the country who inspired the company's national advertising campaign. These engineers conduct more than 3.6 million call attempts yearly on Verizon Wireless' and other national carriers' networks while traveling over 1.2 million miles a year in specially equipped, company-owned test vehicles.
About Verizon Wireless
Verizon Wireless owns and operates the nation's most reliable wireless network, serving 51.3 million voice and data customers. Headquartered in Bedminster, NJ, Verizon Wireless is a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE: VOD; LSE). Find more information on the Web at http://www.verizonwireless.com. To receive broadcast-quality video footage of Verizon Wireless operations, log onto http://www.thenewsmarket.com/verizonwireless.
Source: prnewswire
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