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Verizon Wireless was scrambling on Wednesday to resolve an outage of its highest-speed U.S. wireless network, on which the top U.S. cellular carrier is relying to drive future growth.
The venture of Verizon Communications (VZ.N) and Vodafone (VOD.L) announced on its Twitter feed that its newest network -- based on Long Term Evolution, a high-speed data technology -- suffered an outage that held up data-transfer flows on some devices.
After alerting customers to the problem on Wednesday morning, Verizon said by late afternoon that it had discovered the cause and was working with vendors to "restore connections."
The company did not say when the network would return to normal but it expected to fix the problem on a "market-by-market basis."