Ver­i­zon plan­ning launch of 5G In­ter­net, TV ser­vice in Oc­to­ber

Muscat Daily - - BUSINESS -

New York, US - Ver­i­zon Com­mu­ni­ca­tions Inc, tak­ing a key step to­ward rolling out speed­ier In­ter­net and pay-TV ser­vice across the US, will start of­fer­ing a fifth-gen­er­a­tion (5G) pack­age on Oc­to­ber 1 in four cities, with signups be­gin­ning this week.

Would-be cus­tomers in those ini­tial mar­kets - Hous­ton, In­di­anapo­lis, Los An­ge­les, and Sacra­mento, Cal­i­for­nia - will be able to check avail­abil­ity and or­der the ser­vice on­line start­ing to­day at FirstOn5G.com. Ver­i­zon’s wire­less sub­scribers will pay US$50 a month for the 5G In­ter­net and TV ser­vice af­ter a three month free trial. Oth­ers will pay US$70 a month af­ter the first three months.

Ver­i­zon is in a race with AT&T Inc to in­tro­duce the first 5G wire­less ser­vice - a stan­dard that prom­ises con­nec­tion speeds be­tween ten and 100 times faster than to­day’s ca­ble. Ver­i­zon plans to beam ser­vices to home re­ceivers and com­pete against ca­ble and satel­lite TV providers like Com­cast Corp and Dish Net­work Corp. 5G net­works also are seen as crit­i­cal to ush­er­ing in an era of robotics and au­ton­o­mous cars.

TV cus­tomers will get free Ap­ple TV de­vices and Google’s YouTube TV on Roku boxes for stream­ing video ser­vices. Sub­scribers to the 5G ser­vice also will be of­fered live NFL and NBA games, as well as news pro­grams through Ver­i­zon’s own Oath me­dia di­vi­sion.

A ma­jor chal­lenge for Ver­i­zon and the other wire­less car­ri­ers is that high-fre­quency 5G ra­dio sig­nals are eas­ily dis­rupted by rain and fo­liage. The ser­vice is still com­mer­cially un­proven, but com­pa­nies are ex­pected to spend as much as US$200bn a year to de­velop the tech­nol­ogy.

Ver­i­zon CEO Hans Vest­berg will give in­vestors more de­tails about the com­pany’s 5G plans dur­ing a pre­sen­ta­tion to­day at the Gold­man Sachs Com­mu­na­copia con­fer­ence in New York.

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