Verizon launches world's first 5G network2018-10-02 16:24 by Daniela
Tags: Verizon, 5G
The very first commercial 5G network in the world goes live today. Verizon launched its 5G service on October 1st, and installations are starting today for residents in Houston, Indianapolis, Los Angeles, and Sacramento. Customers will be able to access typical Wi-Fi speeds around 300 mbps and peak speeds up to 1 Gbps.
"The world's first commercial 5G service is here," said Ronan Dunne, President, Verizon Wireless. "We've formed incredible partnerships with many of the world's leading technology companies, the international technical standards bodies, public officials, developers and our own customers to drive the 5G ecosystem forward, faster than most had predicted. And now, actual customers. It's been an incredible journey...and we're just at the starting line."
The service costs $70 per month. Customers who already subscribe to Verizon wireless for phones pay only $50. With promised speeds of 300 megabits per second, and the chance of reaching 1 gigabit per second in some areas, the 5G wireless service is meant to compete with the very fastest wired home Internet offerings from cable and telecom companies. At 1 Gbps, a customer could download a high-definition movie in under a minute.
If you sign up for 5G Home, Verizon will install all of the necessary network hardware for you, at no additional cost. The company also promises that there won't be any annual contracts, hidden fees, or equipment charges to worry about.
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