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Home / Business / Verizon will soon offer 5G in selected cities for $ 10 extra

Verizon will soon offer 5G in selected cities for $ 10 extra



The carrier will begin offering 5G service in parts of Chicago and Minneapolis on April 11, announced in a statement on Wednesday. The service will be offered free of charge to Verizon customers during the first three months. After that, it will cost them $ 10 per month more than 4G.

This is the annual fast 5G wireless network coming to the United States, and companies cling to all benefits, from launching into new cities first to debuting 5G compatible devices.

The 5G service Verizon rolls out in these cities will only work on its Moto Z3 device and requires a new attachment that will bite the phone. From Thursday, customers will be able to pre-order the $ 350 attachment for $ 50, although the company did not say how long it would offer it at a lower price.

Dan Hays, adviser at PricewaterhouseCoopers consulting company, said $ 1

0 a month is fully in line with what it shows customers are willing to pay for premium wireless connections. Hays said he thinks most are not willing to change the device they are currently using to another brand or model just because it has 5G.

Verizon's move to new cities is an attempt to lure wireless customers with the ultra-fast speeds and low-speed connections that 5G promise. The technology has been touted as a major breakthrough that will allow more seamless streaming of videos and lightning fast response times from self-driving cars.

But while innovations in 5G technology are happening in several places in the United States, it's not an existing network that is widespread enough to benefit most wireless customers right away. The transition from 4G to 5G networks in the United States will not be widespread until 2020 and will involve infrastructure upgrades that cost companies billions of dollars. It will also require a lot of testing.

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So By far, 5G technology is primarily available to customers like Wired 5G, which works in homes similar to broadband Internet and 5G wireless hotspots that convert airwaves to Wi-Fi.

Nor is there a phone available to US customers that can function independently of 5G. In February, Samsung announced its first 5G smartphone. The unit will be available to Verizon customers in the second quarter of this year. It will be available from other wireless operators later this summer.
5G is currently available in a handful of US cities from different carriers. Verizon ( VZ ) offers the technology of Sacramento, California, Los Angeles, Houston and Indianapolis. It plans to extend coverage to more than 30 US cities in 2019. AT & T ( T ) CNN's parent company, offers it in more than a dozen cities. ( S ) and T-Mobile ( TMUS ) planning to merge later this year also have their sights set expanding 5G coverage by 2019.

The companies are all betting on customers who are preoccupied with 5G to upgrade when fully available.

"What the mobile industry is facing is a gigantic problem with chicken and eggs: Do I spend billions of dollars distributing a network before devices are widely available, or I motivate people to pay a premium for using compatible devices while the network is ready , Hays says.


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