"And this provides customer speeds similar to DSL or cable modems, but in a mobility type fashion. So in other words you could be on the train, in a car, be able to take your laptop or PDA or handset with you and receive speeds similar to what you're used to at home or in the office."
Verizon isn't saying when the service will be available nationwide or what the pricing will be, but it believes there could be several markets for wireless broadband services...
"One is going to be for the enterprise to access high speed applications. The second one is going to be for DSL replacement, so for the home. So a customer might have an office somewhere, they can take a device, plug it into their office, take it home with them, plug it into their computer at home and get high speed in both places perhaps where DSL or cable might not be available. And then the third would be with consumer streaming audio or video."
On paper, it sounds like the kind of solution lots of consumers have been waiting for. The question is how competitive the pricing will be to existing broadband services. Bloomberg Boot Camp, I'm Fred Fishkin.