Verizon has a plan to start building wireless residential interconnects across the country by the end of the year.
The wireless service provider will launch a new smartphone with a new chip and modem that will be sold in retail stores, online and in home delivery stores, Verizon said on Tuesday.
The new smartphone will be a new version of the Verizon Wireless iPhone 5C, Verizon spokesman Eric Shatz told CNBC.
Verizon said the new phone will offer faster LTE speeds and faster Wi-Fi speeds, according to The Wall Street Journal.
The smartphone will also come with Verizon’s latest smartphone and modem technology, Shatz said.
Verizon will begin shipping the new Verizon Wireless smartphone to retail stores and online on May 31, and to homes and businesses in the first quarter of next year, the company said.
The Verizon Wireless service is expected to be available nationwide by the first half of next decade, the newspaper reported.
The company has a network of about 12 million wireless subscribers in the United States, including about 20 million wireless customers in Texas, Oklahoma and Arkansas, according the company.