Verizon announced it’s 5G Home service last week, and this week CEO Hans Vestberg explained more about the company’s plans to generate revenue from 5G at the Goldman Sachs Communacopia Conference in New York. He described three revenue streams Verizon is counting on: mobility services, followed by fixed wireless access and mobile edge. “[Fixed wireless] is a new market for us,” he said, “[and] the third business case is very much built on the mobile edge where basically you think about many of the new currencies, the capacities, of 5G, they will be enhanced.”
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Michael Ginsberg is the founder of 5Gstore.com, a trusted source for cellular routers and failover networking solutions since 2005. With a background in software and networking dating back to 1988, he writes about cellular connectivity, IoT infrastructure, network security, and fleet management. Connect with Michael on LinkedIn or reach the 5Gstore team through our contact page.
