One other detail worth mentioning is that this is not Verizon's mobile 5G service that you'll use with smartphones, which is expected to launch in 2019. Those prices include taxes and fees, and the service does not require an annual contract. "As a result of this initiative and ongoing collaboration, we will rapidly deliver the promise of 5G to our customers".
Customers "should expect typical network speeds around 300 Mbps and, depending on location, peak speeds of almost 1 Gig, with no data caps", Verizon said. And best of all, there will be no data caps...More news: Luke Shaw arrives at Carrington training ground after sustaining concussion against Spain
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If you turn out to be eligible for 5G broadband through Verizon, you won't pay anything for the service initially.
First adopters will be able to receive fixed broadband internet service for three months at no charge.
As a bonus, Verizon says that 5G Home customers get the ability to be first to 5G mobile phone purchases, once those are made available. You'll get three free months of the YouTube TV streaming service that normally costs $40 a month. Given that the Chromecast Ultra retails for $69, while the 32GB Apple TV 4K retails for $179, we'd probably go with the latter (you could always sell it after the fact).
Yesterday Verizon announced that they will be expanding their 5G labs to Los Angeles, Washington DC, Palo Alto, California, and Waltham, Massachusetts.