Verizon just announced that its 5G broadband service, officially called Verizon 5G Home, arrives October 1. Instead of exclusively relying on an underground fiber optic cable, Verizon's technology simply involves installing a router built with fixed antennas to deliver the broadband wirelessly. (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 says 5G Home subscribers can expect average network speeds of around 300 Mbps with peak speeds of almost 1 Gig and no data caps. After that, Verizon Wireless customers with a qualifying smartphone plan will pay $50 per month for the home broadband service. Depending on location, peak speeds could reach almost 1Gbps. Verizon's 5G service will initially launch in these Sacramento neighborhoods. In addition, Verizon will install the necessary hardware for free.
There are admittedly some pretty good freebies flowing here - free installation, three months of free service, a free Chromecast or Apple TV 4K and three months of free YouTube TV, plus priority to purchase the first 5G mobile device when it's available. According to Verizon, both of these totals includes all taxes and fees, and do not require an annual contract. We also asked Verizon for the service's upload speeds and information about what equipment will be used in the home. "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 United States average was 33 percent, the research group said. There are "no data caps" either. Thus, the 5G home internet offering will run on a proprietary version of the standard.