Verizon Discloses Pricing for Its First 5G Mobile Service
Verizon Discloses Pricing for Its First 5G Mobile Service
Verizon says 5G network will cost extra $10 a month
14 March, 2019, 06:22
Verizon today announced that its 5G network will go live on April 11 in "select areas of" Chicago and Minneapolis and eventually hit "more than 30" U.S. cities in 2019.
In brief: Verizon introduced its first 5G offering - a home broadband service - in Houston, Sacramento, Indianapolis and Los Angeles late a year ago using an early version of the 5G standard created by the 5G Technology Forum.
Second, bumping up to 5G speeds will cost you an extra $10 per month, though Verizon will give you the first three months for free.
Live in a Verizon 5G Home area and want to get busy with the 5G Moto Mod?
One bit of good news is that Verizon won't apply throttling (or "de-prioritization") to the 5G service, but that may change later on, and slowdowns will continue to apply to Verizon's existing 4G service.
Whether Verizon can hold onto higher prices for its 5G mobile network will depend on decisions made in Washington, D.C., where lawmakers are deliberating the wisdom of a T-Mobile and Sprint merger. But Samsung has yet to announce a release date for it.
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Normally priced at $349.99 (yikes), the Verizon-exclusive 5G Moto Mod will be available for "a limited time" at only $50.
Verizon's 5G Mobility service in Chicago and Minneapolis uses the new radio (NR) standard developed by the 3rd Generation Partnership Project (3GPP). This extra monthly cost applies to "any Verizon unlimited plan, including Verizon Go Unlimited, Beyond Unlimited or Above Unlimited plans". Verizon started a 5G home broadband and TV service in parts of four cities a year ago.
By contrast, users of 4G LTE data with Verizon's $75 unlimited plan can be throttled "in times of congestion", regardless of how much data they use.
What happens if you aren't in a 5G area?
Early adopters who live in Chicago or Minneapolis will no doubt pounce at the opportunity to hop onto a 5G network that promises to bring significantly faster data speeds and more bandwidth for devices, but we recommend waiting for proper phones with built-in 5G modems to come out first. However, both of these deals only work on March 14.
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