To provide the increased speed, Verizon’s fifth generation wireless product will utilize radio signals rather than copper or fiber cables. Verizon says the 5G evolution will enable the growth of the Internet of things, low latency for 3D and virtual reality applications, and of course improvements in broadband and mobile services.
“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.
He added, “The targeted initial launches we are announcing today will provide a strong framework for accelerating 5G’s future deployment on the global standards.”