Adding to the benefit, Verizon wouldn't be capping their data plans on the new 5G service. It will initially only be available in a few cities and will go live from 1 October 2018. Verizon is fighting with AT&T in the mobile space with AT&T claiming to begin service across 12 U.S. cities using mobile hotspot instead of actual devices.
Verizon's 5G Home service will be free for the first three months, after which the service will cost $US50 a month for existing Verizon customers and $US70 a month for non-Verizon customers.
"First On 5G" customers will get free professional installation and a free router along with the first crack at scoring 5G-capable Verizon smartphones as they become available. Following years of just pure hype, customers in Los Angeles, Sacramento, Indianapolis and Houston will be able to register for the new service beginning Thursday. Verizon promises speeds of almost 1 gigabit, and you can order service starting this Thursday (September 13) in select markets. If Verizon and other wireless providers can offer a viable alternative to cable, satellite, and their ilk, consumers could enjoy lower prices as well as more choices.
Verizon is opening four new labs in the United States to accelerate the development of 5G use cases and experiences.
Unlike conventional cable services, Verizon won't offer a TV subscription.
Kyle Malady, Verizon's chief technology officer, said: "Verizon's 5G Ultra Wideband network is the only 5G network that combines: fiber network, a large deployment of small cells and spectrum holdings, particularly in the millimeter wave bands, to realize the 5G potential for capacity, throughput and latency". According to Verizon, both of these totals includes all taxes and fees, and do not require an annual contract. And best of all, there will be no data caps... To entice customers to sign up, the company is offering free installation, three months of complimentary service, a free Chromecast or Apple TV 4K, and three months of free YouTube TV.
Thanks to improved speeds and less latency, 5G will be required to kickstart many emerging technologies to the next level, powering self-driving cars, for example, or connecting gamers in the increasingly demanding esports market.