Verizon just announced that its 5G broadband service, officially called Verizon 5G Home, arrives October 1. But credit where it's due, this does seem to be the first commercial service using some kind of 5G tech, so Verizon is entitled to crow.
For customers outside those four initial cities, signing up for Verizon's 5G home internet service will grant them early access to Verizon's 5G Home when it becomes available.
Current Verizon customers will have to pay $50 a month while it will cost non-customers $70 a month.
"Typical" download speeds will be around 300Mbps, and the max speed of almost 1Gbps will be available "depending on location", Verizon said.
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. According to Verizon, both of these totals includes all taxes and fees, and do not require an annual contract.
5G is already the most over-hyped thing since the Y2K bug so Verizon seems to have chose to just ride the wave.
To compare, the average home internet speeds in the USA as of May measured in at 92.93 Mbps, according to PCMag. Interested parties can order the service starting September 13 and take advantage of several early adopter perks including three free months of YouTube TV, a free Apple TV 4K or Google Chromecast Ultra device and free installation and equipment. That's the same network that will eventually service phones, but home internet customers will get the first whack. "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 U.S. average was 33 percent, the research group said. Service speeds "should" fall around 300Mbps and may range up to 1Gbps, though that depends on the subscriber's location; there's no data caps. Thus, the 5G home internet offering will run on a proprietary version of the standard.