Verizon's CEO Ivan Seidenberg mentioned at an investor conference that he imagines Verizon's 4G LTE network to be a “modest substitute” to the home broadband internet and cable services. Even more hilarious about this right now is that he also imagines regular customer data usage to be around 10GB a month.
I know I use a lot more than 10GB a month on home internet and cable, especially with new services like Google TV, Netflix and Apple TV coming out, all offering HDTV over broadband. That's a lot of data usage. I wouldn't go cutting my cable cords just yet if you're in areas that support it, but I'd be interested if I were in an area that had no cable to my door, and I could use 4G then.
I'm sure once 4G LTE is rolling for most carriers next year, pricing will be a bit more realistic.
[via Engadget]
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