By Keerthi Chandrashekar ( | First Posted: Nov 08, 2012 04:21 PM EST

(Photo : Verizon Wireless)

Verizon customers do have to wait awhile for new Android phones, and their Android updates might be notoriously slow, but here's some good news: Verizon's LTE is the nation's largest, and it will continue to outpace competitor. 

At the Wells Fargo Securities Technology, Media, and Telecom Conference in New York City Verizon CFO Fran Shammo declared that Verizon's LTE coverage will match its current 3G coverage by the end of 2013. 

The reason this is important is because this means that Verizon is far ahead of its rivals, even second-place AT&T. Verizon currently services around 250 million users through LTE, and expects that number to increase to 260 million users by the end of 2012. AT&T, on the other hand, is going to invest $8 billion to reach 250 million users by the end of 2013, according to MobileBurn. Not only that, according to AndroidPolice, AT&T doesn't plan on matching its 3G coverage with LTE until the end of 2014. 

If you do the match, that will put Verizon well over a year ahead of its competitors. Smaller networks such as Sprint and T-Mobile simply don't have the money and time to catch up to the nation's largest carrier. 

Verizon customers can expect some nice goodies this holiday as well. In addition to the already-released Apple iPhone 5 and Samsung Galaxy S3, Verizon will be shipping out the Samsung Galaxy Note 2 on November 27. An Android Jelly Bean update for the Galaxy S3 is also expected to rear its head by the end of the year. 

Verizon is also hosting an event in NYC with phone manufacturer HTC on November 13 to reveal the HTC Droid DNA, which should release early December. 

How important is LTE coverage to you?  

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