Verizon Wireless has released new figures on its Long Term Evolution (LTE) wireless broadband network.

The recent tests in Boston and Seattle recommended that the network can reach download speed of up to 50 Mbps and upload speed of 25Mbps.

Accompanying the results of the test, the company also presented a schedule for rollout of a nation-wide wireless broadband network. The new network would reach up to 100 million people throughout the US and offer speeds equivalent to other broadband services.

Verizon is set to run LTE plan through 2012. The company had declared its three-year plan at the Mobile World Congress Show in Barcelona last year.

Tony Melone, Verizon Wireless Vice President and Chief Technical Officer, said, "Our LTE rollout plan positions Verizon Wireless to be a global leader in 4G LTE deployment".

"As device makers, manufacturers and others around the world begin to introduce newer and faster products to take advantage of these incredible new speeds, Verizon Wireless will be positioned to offer our customers new and exciting products on the nation’s first 4G LTE network", he added.