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Verizon no longer the gold standard for mobile data?

Photo: Jessica Dolcourt/CNET

Photo: Jessica Dolcourt/CNET

Verizon Wireless, once the gold standard for LTE, has admitted that it is struggling to keep up with demand in the big cities – with some users being dropped down to slower 3G speeds. The carrier’s Chief Financial Officer Fran Shammo said yesterday:

There are certain pockets where we’re absolutely going to experience that down tick from the LTE network down to 3G because of capacity constraints … 

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