Verizon has made great strides in the year since they launched their LTE network, but not all that many of the company's users have switched to the new network. The network reaches about 200 million Americans in nearly 200 markets, but according to data from Verizon CTO Fran Shammo, just 5% of Verizon Wireless customers have switched to the faster data network
"It is very critical for us, and we’re playing a very delicate balancing act here that I don’t want to spend any more money on my 3G network," Shammo is quoted as saying in a speech to investors today.
Verizon keeps running a promotion where customers can get double their data allotments
if they buy a new contract LTE phone, a deal intended to not only nudge users toward LTE, but to free up space
for iPhone users on the EVDO network.
You'll see these numbers shift quickly once Apple starts offering an LTE phone later this year, and more efficient chip design and smaller batteries result in LTE Android phones that aren't quite as bulky. As it stands, Apple has been reluctant to offer an LTE iPhone yet due to battery size and life, which is why the iPhone 5 isn't rumored to launch until this fall.