Verizon and others have been laying the foundation of 5G networks for some time. Those who thought this was nothing more but marketing mumbo-jumbo will have to rethink that because the United States carrier has just announced its 5G Home internet service that will go live on the first day of October.
After tooting its own horn about its leadership in 5G infrastructure earlier today, Verizon announced this afternoon that it will launch the country's first 5G broadband internet service on October 1.
While 5G standards are in the final stages of completion, Verizon says it didn't want to wait until they were done to start planning its 5G home service. (The site goes live on Thursday at 5 a.m. PT/8 a.m. ET.) If you're eligible to receive service in your area, you'll be guided to the signup process. Verizon does go out of its way to say the 5G internet service will have no data caps. The monthly fee seems fair: US$50 for existing Verizon customers and US$70 for new customers. Depending on location, peak speeds could reach almost 1Gbps.
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Verizon's 5G home broadband service, Verizon 5G Home, launches in select areas on october 1 at a cost of $50 for Verizon Wireless customers and $70 for customers who don't use Verizon Wireless. Verizon will provide the service free to early adapters for three months. There are no contracts, no data buckets and no hardware or professional installation costs. In short, Verizon 5G Home customers should typically expect extremely fast internet speeds.
To compare, the average home internet speeds in the U.S. as of May measured in at 92.93 Mbps, according to PCMag. Verizon is also throwing in three free months of YouTube TV (regularly $40 per month), plus a free Apple TV 4K or Chromecast. "Verizon was the operator with the highest yearly average capacity utilization of 57 percent in 2017", while most carriers were below 20 percent and the USA average was 33 percent, the research group said.