Okay, guys, PRL updates have NOTHING to do with "new towers" - NOTHING AT ALL. Verizon says it constantly, and it's a total and complete lie. The PRL also has nothing to do with LTE, LTE is authenticated network-side just like GSM/UMTS.
So what *is* a PRL, you may wonder? It's a Preferred Roaming List. CDMA uses the old-school ANSI switching system. This was designed for analog (AMPS) phones with two bands - Cellular A-side and Cellular B-side. Additionally, each network had a System ID (SID). Cellular A-side spectrum was licensed to independent competitors, whereas the B-side was made available to local incumbent telcos. Since these entities usually cooperated with each other, phones would simply be set to roam on all A-side or all B-side carriers.
Over time, however, between the new availability of PCS spectrum (adding far more potential choices) and numerous mergers/acquisitions/divestitures, this picture got far more complicated and the PRL was introduced (though even many new CDMA phones have automatic A and automatic B options intended for a PRL failure).
The PRL is simply a list of who to connect to and in what order if the phone cannot connect to your home SID. Unlike GSM/UMTS/LTE carriers that generally use the same MCC-MNC network wide, CDMA carriers usually run many unique SIDs in different areas. In my market, Verizon uses SID 262. The PRL specifies both what SIDs to connect to, AND where to find them. It can also specify a NID (Network ID) and exclusions. PRL does NOT specify individual towers. For example, all of Montana is SID 262 and any new towers will remain SID 262. No PRL update needed to use any new towers.
So when ARE PRL updates used?
1. Removing, adding, or changing roaming partners. This is the most common, for example, Verizon used to allow roaming on Sprint almost everywhere, but now it's limited to a very few markets. On the other hand, when Alltel bought Western Wireless, the new Alltel in Montana was added to the Verizon PRL. When Verizon bought Alltel, Alltel's SIDs were changed from "Extended Network" to "Verizon Wireless" (oddly, even here in Montana where they were forced to divest Alltel, it's back to being "Extended Network" now from what I've heard).
2. Adding or removing additional modes. When EVDO was added to the network, it had to get marked in the PRL. Oddly, this applies even on your home SID. Just because you're at home, you won't have EVDO unless it's in the PRL. Therefore, when Verizon was rolling out EVDO, PRL updates frequently were essential to make sure you got EVDO everywhere it was available. But this STILL did not add "new towers" but rather marked new functionality available across large areas. No coverage improvement correlated with this. On a smaller scale, these changes can also reflect things such as the addition of PCS channels.
3. For placebo effect. Sad, but true, once upon a time (still sometimes today) Verizon front-line customer service was (and is) trained to lie and tell customers a PRL update could fix their problem. When, quite frankly, it can't.
P.S. It's weird this PRL update is still occurring as part of Apple's carrier settings file in LTE world... why it's not reading the CSIM PRL that gets pushed over the air like EVERY FREAKING OTHER VERIZON 4G PHONE DOES makes absolutely no sense to me.