Verizon's first 5G application will be a fixed residential broadband service.
The first commercial launch will occur in Sacramento, California during the second half of 2018. Additional markets are also expected to launch in 2018.
Verizon did not disclose the performance characteristics of its 5G residential service but said it will provide unprecedented wireless speeds for Internet access.
Verizon estimates the market opportunity for initial 5G residential broadband services to be approximately 30 million households nationwide. The company also noted that the 5G residential rollout will not have a material impact on Verizon’s consolidated capital expenditures in 2018. CAPEX is expected to be consistent with the past several years.
“This is a landmark announcement for customers and investors who have been waiting for the 5G future to become a reality,” said Hans Vestberg, Verizon president of Global Networks and Chief Technology Officer. “We appreciate our strong ecosystem partners for their passion and technological support in helping us drive forward with 5G industry standards, for both fixed and mobile applications. The targeted initial launches we are announcing today will provide a strong framework for accelerating 5G’s future deployment on the global standards.”
Verizon, Qualcomm and Novatel to expedite 5G NR mmWave rollout
The expedited plan call for an initial focus on 5G NR operation in 28 GHz and 39 GHz mmWave spectrum bands. The goal is to achieve robust multi-gigabit per second data rates with mobility at significantly lower latencies than today’s networks. Over-the-air trials are expected starting in 2018, that will be compliant with the first 3GPP 5G NR specification that will be part of Release 15. The trials will utilize 5G NR mmWave mobile test platforms from Qualcomm and will employ advanced 5G NR Multiple-Input Multiple-Output (MIMO) antenna technology with adaptive beamforming and beam tracking techniques.
Samsung and Cisco work with Verizon to implement 5G in Detroit
- Verizon announced in February plans to rollout 5G pre-commercial services to select customers in 11 U.S. markets by mid-2017. The company noted that the trials would encompass hundreds of cell sites and several thousand customer locations, with pilot markets to include Ann Arbor, Atlanta, Bernardsville (New Jersey), Brockton (Massachusetts), Dallas, Denver, Houston, Miami, Sacramento, Seattle and Washington DC.