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Though its 4G coverage is quickly expanding, Verizon Wireless (VZ, VOD) doesn't plan on shutting...

Though its 4G coverage is quickly expanding, Verizon Wireless (VZ, VOD) doesn't plan on shutting down its 2G/3G CDMA network until 2021, says a company exec. Verizon's timetable speaks to the lengthy shelf lives older mobile technologies have, and is something Qualcomm (QCOM) is probably pleased to see, since it usually charges a higher royalty rate to OEMs for sales of 3G-capable devices (whether or not they also support 4G) than 4G-only devices.
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  • Sam Liu
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