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U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

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Buffett says AI giants are ‘playing a game they don’t want to play’ in the AI race, reveals he was behind Berkshire’s $31 billion bet on Google
Tech

This is the fastest wireless carrier in the U.S.

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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June 24, 2015, 10:30 AM ET
2012 International Consumer Electronics Show
The Verizon Communications Inc. logo is seen at the International Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Thursday, Jan. 12, 2012. Photograph by Bloomberg via Getty Images
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Verzion is the fastest network carrier in the U.S. for the second consecutive year, according to PCMag’s annual ranking.

Verizon beat rivals AT&T, Sprint and T-Mobile in the magazine’s annual nationwide tests, which found all four major networks have ramped up their speeds in recent years.

While Verizon and AT&T remain the country’s two top carriers by subscriber numbers, Sprint and T-Mobile have boosted their coverage to become more competitive. The two smaller outfits once pondered a merger to compete with their bigger rivals, but regulatory pressure squashed any potential deal. T-Mobile is now involved in talks to tie up with satellite television provider Dish Network, which has been hoarding valuable wireless spectrum gained in government auctions.

More via PCMag:

Verizon Wireless wins for the second year in a row by maintaining the consistent performance and broad coverage we saw last year with its XLTE network. Almost all phones sold by Verizon in the past year have XLTE, which is the carrier’s brand name for Band 4 spectrum support. If you have an older model, it’s definitely time to upgrade.

The magazine records speeds from 30 cities across the U.S. to test coverage. Sprint was given a nod for most improved among the carriers.

Earlier this year, Verizon announced plans to acquire AOL in a $4.4 billion deal.

About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Fortune's managing editor, leading operations for the newsroom.

Prior to rejoining Fortune, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Fortune in 2014.

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