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Jim Patterson, CEO of Patterson Advisory Group, breaks out the LTE numbers in the latest quarterly reports from Verizon and AT&T, in a story at RCR Wireless:

The migration to smartphones accelerated in Q4, and with it the rapid migration to Verizon Wireless’ more efficient/profitable LTE network. Nearly all of the of the 9.8 million Verizon Wireless smartphone buyers selected Apple (63%) or Android (35%) operating systems. Of the 9.8 million smartphones added in Q4, just under 6.4 million of them came with LTE radios, and 3.4 million did not.

AT&T Mobility beat Verizon Wireless on iPhone activations (8.6 million vs. 6.2 million), and they also win on total smartphone penetration of their postpaid base (70% vs. 58%) and total smartphone activations (10.2 million vs. 9.8 million), but Verizon Wireless crushes AT&T Mobility on service revenue growth (8.4% to 4.2%) and cash flow margin (41.4% to 24.6%).

Almost 60 percent of the iPhone users spent more than $100 per month on their wireless plan, with 10 percent spending $200 or more. Just 6 percent spent $50 or less; for Android users in that category, the percentage was double. And only 53 percent of Android users fell into the “over $100 per month” category, with 7 percent landing in the “over $200 per month” category.

LTE is not being implemented because it offers consumers faster speeds — carriers are putting in LTE networks because they deliver lower cost per bit. LTE delivers bits for about half the cost of HSPA.

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