Verizon may soon be launching an “XLTE” network that will be powered by AWS spectrum. Recently rumored and reaffirmed by wireless news leaker @evleaks, Big Red’s new setup could be going live sometime this year. The carrier is expected to make an announcement next week, which will hopefully fill in some blanks about its new service.

The Samsung Galaxy S5 and the HTC One M8 will reportedly be the first handsets to take advantage of these improved data speeds, however other capable devices are expected to follow suit. Verizon won’t require any service plan upgrades and existing customers are set to be grandfathered into the service. The purported signage makes the claim that XLTE will be capable of double the 4G LTE bandwidth of Verizon’s current offering, which could drastically reduce network latency.

Update: A promotional video for XLTE has hit the web, all but confirming Verizon’s announcement.

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