On heels of C-Band results, Verizon expands 5G Home Internet to 10 more cities

Rhea-AI Summary

Verizon's C-Band Spectrum Acquisition Boosts 5G Expansion

Verizon's newly acquired C-Band spectrum will significantly enhance its 5G mobility and home services. By the end of 2021, the company plans to increase broadband services to nearly 15 million homes and expand its Ultra Wideband mobility coverage to 100 million customers. Ten new cities, including Cleveland and San Diego, will receive 5G Home Internet. Customers can enjoy speeds up to 1 Gbps at competitive prices, with no data limits and additional perk of a free discovery+ streaming service for a year.

Positive

• Acquisition of C-Band spectrum enhances 5G services.
• Plans to offer broadband to nearly 15 million homes by the end of 2021.
• Expansion of Ultra Wideband mobility coverage to 100 million customers.
• Multiple new city launches for 5G Home Internet, improving service reach.
• Competitive pricing for 5G services with no data limits.

Negative

• None.

Strong spectrum holdings will fuel Verizon’s rapid 5G Mobility and Home expansion in 2021 and beyond; this is 5G Built Right

What you need to know:

• Verizon’s recently acquired C-Band spectrum combined with mmWave = 5G Built Right. No other combination comes close.
• C-Band will help increase total wireless broadband services to nearly 15 million homes by the end of the year and expand Ultra Wideband mobility coverage to 100 million additional customers in 12 months.
• The 5G momentum continues with 10 5G Home city launches this month; Cleveland, OH; Las Vegas, NV; Louisville, KY; Omaha, NE; San Diego, CA; Charlotte, NC; Cincinnati, OH; Hartford, CT; Kansas City, MO and Salt Lake City, UT.
• 5G Home customers get discovery+ streaming service on us for 12 months.

BASKING RIDGE, N.J., March 11, 2021 (GLOBE NEWSWIRE) -- Verizon has been driving 5G innovation and deployment for years and the addition of the C-band assets announced yesterday will provide even greater 5G availability, speed and capacity for 5G mobility and 5G Home customers. This month alone, Verizon is expanding 5G Home Internet service to 10 more cities. Beginning March 18, customers in parts of Cleveland, OH; Las Vegas, NV; Louisville, KY; Omaha, NE and San Diego, CA can sign up for the blazing fast internet service. And on March 25, 5G Home Internet launches in parts of Charlotte, NC; Cincinnati, OH; Hartford, CT; Kansas City, MO and Salt Lake City, UT.

Expanding 5G on the Only Network Built Right

In roughly the next 12 months, Verizon will have incremental 5G bandwidth available to 100 million people, delivering 5G Ultra Wideband performance on C-Band spectrum. Additionally, we will increase total fixed wireless internet services to 15 million homes by the end of 2021.

“We continue to lead the industry with ever-expanding broadband and mobility options for our customers, and our new C-band spectrum holdings, in combination with our extensive mmWave spectrum holdings, will only accelerate that for customers,” said Ronan Dunne, CEO, Verizon Consumer Group. “5G internet disrupts the current delivery of broadband internet service and provides speed and reliability, possible only because of our winning network combination. That’s 5G Built Right.”

Why 5G Home Internet?

• No data limits. It’s truly unlimited broadband service with no throttling.
• It’s fast. Customers can experience speeds up to 1 Gbps.¹
• It’s affordable. Just $50² a month for Verizon customers with a qualifying mobile plan, and $70² a month for non-Verizon customers. Taxes and fees are included.
• Easy self set-up. With the Verizon 5G Internet Gateway, there’s no waiting on the cable installer, just open the box, set up the device and your home is connected.
• Cool Freebies. For entertainment needs, customers get a free Stream TV device and the discovery+ streaming service for 12 months on us.³
  

How to get 5G Home Internet

Visit verizon.com/5g/home to find out if 5G Home Internet is in your area. As new cities launch and as service continues to expand it will be updated within the portal.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at https://www.verizon.com/about/media-center. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

¹Max download speeds up to 1 Gbps, with typical download speeds of 300 Mbps. Typical upload speeds around 50 Mbps. Depending on location, uploads over 5G Ultra Wideband or 4G LTE. 4G LTE backup.

²With autopay and paperless billing

³For new Verizon 5G Home Internet customers only. Get 12 mos of discovery+ (ad-free) on us from time of enrollment (must enroll with Verizon by 4.21.21). After 12-month promo period ends, your discovery+ (ad-free) subscription will auto-renew at $6.99+ tax/month unless you cancel with Verizon. Cancel any time. One offer per eligible Verizon account. discovery+ service is subject to the discovery+ (ad-free) Visitor Agreement. © 2020 Discovery or its subsidiaries and affiliates.

Media contact:
Alex Lawson
alex.lawson@verizon.com
908-635-0271

Karen Schulz
karen.schulz@verizon.com
864-561-1527

FAQ

How will Verizon's spectrum acquisition impact its 5G services in 2021?

Verizon's acquisition of C-Band spectrum is expected to enhance its 5G services significantly, enabling the company to offer broadband to nearly 15 million homes and expand Ultra Wideband mobility coverage to 100 million customers by the end of 2021.

What new cities will receive Verizon's 5G Home Internet service?

In March 2021, Verizon launched 5G Home Internet in ten new cities: Cleveland, Las Vegas, Louisville, Omaha, San Diego, Charlotte, Cincinnati, Hartford, Kansas City, and Salt Lake City.

What are the benefits of Verizon's 5G Home Internet service?

Verizon's 5G Home Internet offers no data limits, speeds up to 1 Gbps, competitive pricing starting at $50/month for qualifying customers, and a free discovery+ streaming service for 12 months.

What is the expected coverage expansion for Verizon's 5G services?

Verizon anticipates expanding its Ultra Wideband mobility coverage to 100 million customers and increasing total fixed wireless internet services to 15 million homes by the end of 2021.