Service is free for three months then $50 per month for customers with Verizon wireless service or $70 per month for those without. Verizon and others have been laying the foundation of 5G networks for some time. Once this happens, it will become the first commercial 5G service to launch in both the United States and in the world. Verizon 5G Home customers will see typical speeds speeds of around 300 Mbps, Verizon says. Advertised prices include taxes and fees.
Verizon has talked extensively about bringing 5G service to it customers and even confirmed its plans to make it available as soon as this fall.More news: Steve Yzerman stepping down as Lightning GM
Verizon in February also announced making the first over-the-air call on 5G using mmWave spectrum, Nokia equipment, and a prototype device from Qualcomm; last week trialled 5G in Washington DC with Nokia; and last month transmitted a 5G signal between two radio sectors to a moving vehicle with Nokia. There are no data caps with Verizon 5G Home. "We're opening access to our 5G network because we believe the next-generation solutions that will ride on it will be the result of collaboration and innovation by an entire ecosystem of developers".
Interestingly, Verizon isn't hiding from the fact that its initial fixed wireless internet service uses the company's proprietary 5GTF standard and not the official 3GPP 5G standard.
5G is considered the next evolution in mobile technology that will create wireless networks faster and more powerful than the current 4G or LTE networks.