Verizon is launching a 5G home internet service on October 1

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Once this happens, it will become the first commercial 5G service to launch in both the United States and in the world. Instead, as we've previously stated, Verizon 5G Home is strictly for residential internet connectivity. There are no data caps with Verizon 5G Home. After that, though, the cost goes up considerably: Verizon wireless customers with a qualifying phone plan will pay $50 a month while the service will run subscribers without Verizon Wireless $70 a month.

"We spent the last three years driving the industry to bring 5G to consumers as soon as possible", said Ronan Dunne, head of Verizon's wireless business. Those prices included taxes and fees, plus there are no annual contracts for 5G Home.

Verizon 5G Home customers will also be given YouTube TV free of charge for the first three months, after which it will cost $40 per month, as well as a free Apple TV 4K or Google Chromecast Ultra device.

What is 5G, and what can we expect from it?

The carrier's 11 pre-commercial 5G trial networks - in Sacramento, Ann Arbor, Atlanta, Dallas, Houston, Miami, Seattle, Washington DC, Bernardsville, Brockton, and Denver - were deployed throughout 2017.

5G is considered the next evolution in mobile technology that will create wireless networks faster and more powerful than the current 4G or LTE networks.

Verizon and Ericsson in July further announced an expansion of their 4G LTE partnership, with the Swedish networking giant to deploy its 4G and 5G-ready radio system across multiple USA markets.

Sacramento is one of four cities in the U.S.to receive early access to the at-home internet service, along with Houston, Indianapolis, and Los Angeles, according to a Verizon press release. Verizon plans to use these towns as new 5G labs to test out use cases.

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