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New 5G Phones Lapped Up By Customers, Says Verizon CEO

Verizon has already put a bet that consumers would be willing to pay for Samsung’s latest 5G smartphone in spite of the fact that the price is extremely high and the technology is yet to be entirely developed. CEO of Verizon, Hans Vestberg mentioned that it was indeed an amazing experience. He enthusiastically mentioned that he believes that people would be buying it. Tens and thousands of customers have been purchasing it already. May 16, 2019, was officially the day to buy it. Samsung’s S10 5G is the first ever device by Verizon that is supported by the company’s 5G network. Motorola Z3 also has 5G support technology. However, that would be enabled only with an extra $200 accessory required to connect the device.

Samsung Galaxy S10 5G is available in two variants. Verizon has $1399 model with double storage capacity and $1299 variant as well. Meanwhile, the 5G network of the country has not been build up yet. 5G network of Verizon is presently available only in Minneapolis and Chicago. However, Verizon has said that by the end of 2019, it would be available in twenty different cities in US. Verizon has also informed that 5G experience would have vast difference from 4G since the former is capable of getting 1.3 gigabyte every second which is very fast compared to the latter.

Hans was asked his estimation on market returns from 5G smartphones. He said that he has high hopes, but they would have to wait to see how it gets rolled. He also said that theirs’ network is the best and they wanted to be the first one to release this technology. The company has already planned to offer 5G technology in 4G phones. And in almost three quarters of phones planned to get launched in 2020 would be provided with 5G.

Shannon Riley
About Author
SR. CONTENT WRITER at Global Market News Wire

Having an experience of 4 years, Shannon has earned the position of the senior content writer in our organization owing to her hard work and dedication. Shannon deals with writing news and articles relating to the recent trends and events in the world of Business. In her free time, Shannon likes to watch videos and documentary for the various business tycoons from all across the world. she also maintains a personal blog presenting informative information relating to different businesses.

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