Verizon Blames Video Consumption for Slow 4G LTE Speeds

Verizon Blames Video Consumption for Slow 4G LTE Speeds

Verizon says that the boom in video streaming services is the reason why its network has slowed down recently. In a rare move, Verizon admitted that data speeds on its 4G LTE mobile broadband network has slowed down by as much as 20 percent in densely populated urban areas, like those in Chicago, New York, and San Francisco.

The Wall Street Journal is reporting that Verizon is acknowledging declines in network speeds in major cities and AT&T has overtaken Verizon in reliability ranking and network performance in some key markets.

VerizonLogo1The Journal says that Verizon was “caught off guard” with the demand for video.

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