After winning purchasing spectrum in the 700MHz FCC auction, we were all a little disappointed to hear that we'd have to wait until the year 2010 for high-speed LTE networks to launch (widescale deployments coming later) on both Verizon and AT&T. In a surprise, seemingly off-the-cuff statement made Tuesday at Cisco's C-Scape conference, Verizon's unfortunately named executive VP and CTO, Dick Lynch, said, "We expect that LTE will actually be in service somewhere here in the U.S. probably this time next year." Lynch also said that Verizon plans to coordinate the rollout of femtocell base stations (likely with WiFi) to extend the signal indoors -- something that shouldn't be too difficult since LTE will be riding the old home-penetrating 700MHz analog TV signal. With LG demonstrating 60Mbps download speeds on the world's first LTE chips for cellphones and data cards yesterday, consider us packed and ready to move to the first city VZW lights up.

[Via PhoneScoop]