Verizon Wireless has announced that it will launch its Long Term Evolution (LTE) network on Sunday in 39 markets and 60 airports, covering more than 110 million people. The new network will offer download speeds of up to 12Mbps – more than ten times faster than current data speeds. Tony Melone, senior vice president and chief technical officer at Verizon Wireless promised that the new network would deliver superior performance. The first devices to use the new network will be USB wireless data modems for laptops and are expected to appeal primarily to business customers and technology early adopters. However, Verizon Wireless will announce up to five new smartphones capable of running on the network at the Consumer Electronics Show in Las Vegas in January. These handsets are expected to use the existing 3G network for voice calls and the 4G network for mobile internet access and running applications. There has also been speculation that Apple could announce an LTE version of the iPhone 4G early next year, though both Verizon and Apple have declined to comment. Initially Verizon will offer two monthly data plans – USD50 for 5GB of data and USD80 for 10GB. It will charge customers USD10 for each additional 1GB used.