Verizon's network uses cellular antennas to send high-speed Internet signals to consumers' homes, which will be launched in Sacramento, California later this year, before moving to other U.S. markets. The two companies said Wednesday that Samsung will make some Small boxes, which receive signals from consumers' homes and convert them to Wi-Fi, and Samsung will make other network equipment for Verizon, the financial terms of which are not disclosed.
Verizon began testing 5G last year in 11 U.S. markets from New Jersey to California, focusing on home broadband services at no cost to customers.Samsung will provide network equipment for Verizon's 5G startup in Sacramento, where consumers will have to buy more Fast service options.
While discussions of end applications around 5G faster download speeds continue, global businesses are investing billions of dollars in 5G.Government agencies and telecom operators expect many markets to have widespread 5G networks by 2020 with After this network, autopilot cars, smart cities and internet-connected robots are likely to be widely used.