Common Networks bets 5G wireless technology will replace cable internet in your home

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It takes billions of dollars to install fiber cabling in the ground, Fiber originally was the only way to deliver ultra-fast internet speeds to residential homes. The prohibitive cost has stopped some of the largest companies in the world from making a national dent in constructing high-speed broadband networks, including Verizon and Google. But Verizon and AT&T already plan to roll out 5G fixed broadband services in cities across the U.S., using wireless technology to compete with cable companies to provide ultra-fast home internet.

The CEO of Common Networks Zach Brock. The company he founded with three other ex-Square employees. For about $50 a month, Common Networks is offering 300Mb/sec to 1Gb/sec download speeds for households around Silicon Valley and Alameda (Oakland is coming soon). That’s about $20 or $30 less per month than what Comcast charges for about the same speed without promotional pricing