Verizon Aims to Cut Costs with Network for Connected Devices
By ETCentric
October 29, 2015
October 29, 2015
With an eye on the Internet of Things, Verizon announced yesterday that it is building a new 4G LTE network core designed especially for devices that will require occasional bits of data. Currently testing the approach in its labs, Verizon expects to make the network available by the end of March. The plan is part of the company’s broader ThingSpace banner, which includes plans for managing IoT environments and data. “But while Verizon and others plan to begin testing as soon as next year, the standards haven’t been set and true commercial deployment is likely at least five years off,” reports Re/code. “Verizon doesn’t want to wait that long to start wiring up all manner of smart devices.”
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