Friday in CE: Verizon to Launch 5G Residential Internet Service in 2018
5G wireless technology is probably still a couple of year away from making its way into our smartphones, but that’s not stopping Verizon from bringing the next-gen technology into consumers homes. In a statement posted Thursday night, the wireless communications company announced plans to bring 5G residential broadband services to up to five markets in 2018.
According to Verizon, the service will be the first application of 5G technology and will use radio signals, rather than copper or fiber cables, to bring consumers “unprecedented wireless speeds for internet access.” And, as 5G continues to evolve and roll out, customers who opt into this service will realize the benefits of the next-gen wireless technology, including having the necessary bandwidth and low latency to support 3D and VR applications, and a house full of connected products.
“This is a landmark announcement for customers and investors who have been waiting for the 5G future to become a reality,” Hans Vestberg, Verizon president of Global Networks and Chief Technology Officer, said in the statement. “We appreciate our strong ecosystem partners for their passion and technological support in helping us drive forward with 5G industry standards, for both fixed and mobile applications. The targeted initial launches we are announcing today will provide a strong framework for accelerating 5G’s future deployment on the global standards.”
Verizon has already successfully trialed 5G residential applications in 11 markets this year. The first commercial launch is planned for Sacramento during the second half of next year. Verizon said it will provide details on additional markets at a later date.
CE Retail Confidence Soars
CE retailers post huge confidence gain in December, according to our latest #DSIndex survey. The 13-plus point gain is the largest month-over-month jump in the survey's history: https://t.co/Bz5DULliXa pic.twitter.com/m8OdDVR3ei
— Dealerscope (@Dealerscope) December 1, 2017
In our latest Dealerscope CE Retail Confidence Index survey (DS Index, for short), CE retailers posted their largest month-over-month confidence gain in the report’s history. Driven by stronger-than-expected foot traffic, a booming economy, and strong sales, the DS Index rose over 13 points in December to 199.175—the second-highest score in the survey’s history.
Simply put, 2017 is going out on a high note for CE retail. Get the full report here.
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