Verizon expanded its 5G Ultra Wideband network to three more cities on Thursday. Now people in New York City, Panama City, Florida, and Boise, Idaho can hook up to the next generation wireless network. This brings the total number of Verizon's 5G-capable cities to 13.
But providing 5G is no easy feat. Verizon's access in the Big Apple is spotty with access only in select parts of Manhattan and the outer boroughs. The company has to physically add wireless cells around the city to provide strong signals for 5G-capable devices.
"We're building a new network, but it's a multi-purpose network as well," Brian Danfield, vice president of Verizon 5G commercialization, told Cheddar.
He says 5G will help users as they try to enjoy high-speed dependent technologies, from gaming to augmented or virtual reality. Verizon also touts that its 5G will let people get content in "near real-time."
So far, Verizon offers seven mobile devices that can access the network. A CNET writer tested it out before today's official announcement and was able to hit download speeds of 1.2 gigabytes-per-second with his Samsung Galaxy Note 10 Plus 5G in midtown Manhattan.
"For us, being first is about getting the experience and technology to the consumer," says Danfield.
Right now AT&T is leading the way with 5G in 21 cities, but with today's announcement, Verizon is still ahead of Sprint (nine cities) and T-Mobile (six cities). Verizon plans to have 5G up and running in more than 30 cities by the end of this year and Danfield says Salt Lake City and Boston are next.
As it enters new markets, Verizon has been focusing on setting up 5G service in hyperlocal and heavily populated areas. Earlier this month the telecom giant teamed up with the NFL to offer 5G in 13 stadiums.
After the 2021 boom, IPO activity slowed down significantly, in part due to monetary policy – but things are getting moving again with tech-friendly companies like Iboutta and Rubrik making a public debut.
With an increasing demand for mental health services, one person wanted to change the therapy game. In 2017, CEO Alex Katz founded Two Chairs, a company that uses technology to match patients with the right therapist.
Not only is April Financial Literacy Month, it’s also the kickoff of the spring homebuying season. So now is the time to make sure you have a financial plan in place – and why it might not be wise for that to include buying your first home.
While the U.S. may slowly be on the path to lowering inflation (and therefore interest rates), Europe has thoroughly trounced America, putting it on the path to lower rates by this summer.
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.
Caitlin Clark is heading to the Indiana Fever, the number one draft pick and the highest-scoring college basketball player of all time. And while she may not be getting millions from the WNBA, there's a few ways she'll net compensation for her generational talents.
Author of 'Clean Meat,' Paul Shapiro joins Cheddar to discuss how the cellular agricultural revolution helps lower rates of foodborne illness and greatly improves environmental sustainability. Plus, how his company The Better Meat Co. is bringing healthier food options to the table.
Recent headlines might make it sound like World War III is imminent, but when it comes to your finances, it's not the time to panic. The market is coming off its longest winning streak since 2011.
You may have noticed fewer new venture capital-backed startups (like Airbnb or Uber) lately. The market slowed to a crawl after 2021, but things are expected to take off again in 2025.
