Verizon Wireless Leverages Its 4G LTE Advancement

Verizon Wireless (NYSE:VZ) and Vodafone (NYSE:VOD) said they would no longer roll out smartphones and tablets on its network that don’t support 4G LTE connectivity.The new requirement is no doubt, an effort to exploit its lead over AT&T (NYSE:T) in utilizing and advancement of LTE services, and could serve as a positive catalyst for Qualcomm (NASDAQ:QCOM) due to the higher chip content requirements in 4G products.The move could also signal the utilization of LTE in the upcoming iPhone 5 (NASDAQ:AAPL).

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