A Verizon booth at the Mobile World Congress Americas in September 2018 in Los Angeles a handful of cities, but the airline charges premium rates to the few people who live within range of the network.
Verizon announced yesterday its first 5G hotspot, the Inseego MiFi M1000, which Verizon sells for $ 650. In addition to equipment costs, the monthly fees for 5G services will be higher than for 4G, although Verizon's 5G network hardly exists.
Verizon said pure hotspot plans "start at $ 85 a month (plus taxes and fees)." Verizon describes the $ 85 per month hotspot plan as "unlimited" when you go through the online checkout process. However, the fine print states that customers receive 50 GB of 5G high-speed data and the 5G speed is reduced to 3 Mbit / s thereafter. The plan handles 5G and 4G data separately. It provides 1
5 GB of high-speed 4G data, slowing users to 600 Kbps later. Verizon allows 4K video streaming on 5G, while the video is limited to 720p in the 4G network.
The mobile operator noted that the monthly price of $ 85 "represents only a $ 10 increase over 4G LTE services." However, the $ 650 price of the 5G device is three to four times higher than Verizon's jetpack hotspots. The additional $ 10 per month gives access to a 5G network that is available in only five cities: Chicago; Denver; Minneapolis; Providence, Rhode Island; and St. Paul, Minnesota. According to Verizon, there will be a 5G service in 30 cities by the end of this year.
Earlier reviews of Verizon's 5G service revealed that the range of the 5G hotspot often drops to 4G even in these five cities. According to Verizon, 5G users "should expect typical download speeds of 450 Mbps with peak speeds of over 1.5 Gbps and a latency of less than 30 milliseconds." 5G Hotspot includes payment of $ 650 in advance or $ 27.08 per month over 24 months. The device will be reduced to $ 499.99 if you also sign a two-year contract. There is an activation fee of $ 40, which will be reduced to $ 20 if you buy through VZW.com or the My Verizon app.
There are also hotspot service plans for people who already have a Verizon smartphone service. "Verizon consumers with an active unlimited smartphone plan can add a 5G MiFi M1000 to their account and receive 50GB of 5G Ultra Wideband data and 15GB of 4G LTE data for $ 30 per month (plus taxes and fees). This represents an increase of only $ 10 4G LTE service rates, "said Verizon.
In addition to the hotspot Verizon also sells 5G-enabled phones from LG, Samsung and Motorola.
Verizon's first sting at 5G prices a few months ago was also linked to a premium of over $ 10 4G plans. Verizon temporarily dropped this additional fee after complaints were made about the sparse 5G coverage, but this redress did not last long, as Verizon revived the charging model for $ 10.