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Home Business & Finance Verizon spent $53 billion on radio airwaves. This is how they'll boost...

Verizon spent $53 billion on radio airwaves. This is how they’ll boost its 5G network

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Summary (IA Generated)

Angela Lang/CNET Verizon went big in the recent FCC spectrum auction for midband wireless spectrum and now it’s starting to reveal when and how it will put that purchase to use.

While much of the new spectrum will take time to become available, Verizon says it will start deploying this midband 5G in 46 markets later this year, covering 100 million people over the next 12 months.

While Verizon makes its slower nationwide 5G available on all of its plans, it requires a ‘premium’ unlimited plan to tap into its fastest millimeter-wave 5G.

This requirement will expand to C-band, with Verizon revealing that only those with premium unlimited plans will be able to tap into this connection.

Verizon has new Home Internet products, including Gateways for connecting to the service and a new Smart Display.

By the end of 2021, Verizon expects to cover 15 million people with either 4G LTE or 5G home internet service, with that number growing to 30 million by the end of 2023 and 50 million by the end of 2025.

Verizon already offers millimeter-wave-based 5G home internet, what it calls 5G Home, in 18 markets with peak download speeds of 1Gbps.

The 5G Home product will expand to include C-band 5G support as it becomes available later this year.

Verizon’s 4G LTE Home Internet service offers download speeds between 25 and 50Mbps for $40 per month for Verizon wireless customers ($60 per month for those who don’t have a Verizon cell phone plan).

Like T-Mobile, which is working on its own 5G home internet offering, Verizon plans to expand its 5G internet product to businesses.

T-Mobile recently announced a new Home Office Internet designed for enterprises, with Verizon countering Wednesday night by revealing an expansion for its 5G Business Internet in 2021.

Whereas the carrier boasts of fast speeds on its millimeter-wave network, that 5G service is only generally available outdoors in parts of certain cities.

While it may take some time before it appears, the new C-band should allow Verizon to begin to counter T-Mobile when it comes to 5G network performance.

T-Mobile, which has a built a strong lead when it comes to US 5G deployment, has been touting its improved 5G service with a low-band network that covers more people than Verizon’s nationwide offering and an already deployed midband network that it says offers can provide average download speeds of 300Mbps, with peaks of 1Gbps.

Thanks to its purchase of Sprint last year, T-Mobile has already begun broadly deploying midband 5G, revealing on Wednesday that it already covers 125 million people, while reaffirming that it plans to reach 200 million people by the end of 2021.


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