Thanks to its purchase of a large swath of spectrum from cable operators, Big Red is able to stitch together 40MHz of the good stuff in many of its markets. This should allow for a theoretical download speed as high as 150Mbps in those ares. Considering the paucity of users on the network right now, some are wondering whether Milanovic's iPhone 5s should have registered an even higher speed. But the latter believes that Verizon could be capping data speeds for the moment, or that the fiber backhaul isn't ready yet to carry the signal at full speed to the network core.
Other Verizon customers in such locales as Chicago and L.A. are rumored to also be scoring some high Speedtest readings. While Verizon has yet to comment, this news could put a crimp in AT&T's day. The Avis to Verizon's Hertz had an average 16.7Mbps download speed in PCMag's annual test. In addition, the theoretical peak of the pipeline is 75Mbps, half of what the new Big Red network is capable of. And AT&T doesn't have the spectrum yet to challenge Verizon, which means that the carrier might have to start considering what to say on its new commercials.
source: GigaOM via SlashGear