4G LTE iPad 3 On AT&T and Verizon

The Wall Street has published a report confirming that the iPad 3 will feature 4G LTE networking technology for both AT&T and Verizon customers. Apple's next-generation iPad is expected to be announced on the first week of March [March 7th], and the device is rumored to feature an A6 quad-core processor and retina display.

Verizon Communications Inc. and AT&T Inc. will sell a version of the coming iPad that runs on their newest fourth-generation wireless networks, according to people familiar with the matter, as the battle to cash in on big investments in mobile broadband heats up.

Both companies are banking heavily on LTE to attract new subscribers and to get existing subscribers to upgrade to more lucrative monthly smartphone and tablet contracts. Apple’snew iPad, which will work on those LTE networks, would give the country’s two largest carriers a device that could help drum up demand for the faster service, in the way the originaliPhone dramatically increased demand for 3G wireless data plans.