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Global LTE reached 250 million subscriptions in the...

Global LTE reached 250 million subscriptions in the first quarter of 2014, an Ovum analyst said. The U.S. is the world’s largest LTE market, with Verizon Wireless and AT&T accounting for 35 percent of global LTE subscriptions, it said Thursday…

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in a news release (http://bit.ly/1uJLRGJ). Verizon had 47.9 million subscriptions, and AT&T had 38.4 million at the end of Q1 2014, Ovum analyst Thecla Mbongue said. Korea was the most penetrated LTE market during that period, with a rate of 47 percent, it said. In emerging markets, where prepaid service is dominant and handset subsidies are less frequent, LTE take-up is slow, she said. Coverage is limited and operators “prioritize the high-end and business segments,” she said. LTE subscriptions are expected to exceed 2 billion by 2019, she said.