Verizon launched its first commercial 5G service in October when its 5G Home offering went live in Houston, Indianapolis, Los Angeles and Sacramento. As long as you have one of Verizon's unlimited plans (Go, Beyond, or Above Unlimited), you can pay $10/mo and get access to 5G. Later this year, more 5G compatible phones are expected to hit the market from Samsung, LG, and others.
Verizon CEO Hans Vestberg on the opportunities for growth, what 5G will mean for consumers, the telecom's cost cutting and the outlook for the US economy. Even Verizon is using that careful language (it's also the exclusive USA carrier for Samsung's 5G phone for a limited time). Meanwhile, customers with a Moto z3 and any Verizon unlimited plan can get the product for $50 if they sign up for the 5G service at $10 per month (with the first three months free) on top of their current plans, that now cost from $85 to $105 for 24 months. The Moto Z3 launched several months ago and is ready to deliver 5G speeds as soon as you cough up the cash for the brand new 5G Moto Mod that goes along with it.
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.
In Chicago, that will mean 5G service in The Loop, Magnificent Mile, The Gold Coast, River North, and Old Town.
Nevertheless, 5G will be faster than what's available today and for that, you'll have to pay. 5G service in Minneapolis will be in Downtown West, Downtown East, and Elliot Park. For now, 5G Mobility is a $10 add-on feature. If you don't pre-order, the retail price is $349 when it arrives April 11.
"To buy a 5G Moto Mod, customers must either have an active Moto Z3 on their account or purchase a Moto Z3 at the same time as the 5G Moto Mod", Verizon said. In a statement, Verizon CTO Kyle Malady said that the company is only starting in Chicago and Minneapolis, with only parts of the cities getting 5G coverage initially.