If you're already on Verizon, get ready to celebrate faster service. They've just announced that in order to get to the next generation of broadband services, they're buying Straight Path. If you're not on Verizon, this could be a time to start weighing the pros and cons of switching cell phone plans.
The reason Verizon is buying Straight Path (at $3.1 billion, no less) is that Straight Path actually holds millimeter wave spectrum. This is what's needed for 5G services, in addition to the 39 GHz licenses that serve the country. Once Verizon has this, their path to offering 5G services to their customers will be virtually unstoppable.
Why 'virtually unstoppable'? Verizon has already acquired several other groups in their goal of building this next-generation network. This could be a case of if you can't beat 'em, join 'em. The completion of the Straight Path transaction is set to close within nine months.
What this means for you
5G networks are set to be the next telecommunications standard beyond what we have now - 4G LTE. 5G means higher density of mobile broadband users. This means less congestion, faster service, and just all around better signals.
As with all technology, things can always be improved. That is exactly what the long-term vision and intention was when they moved from 4G to 4G LTE. And here we are now, on the brink of 5G and beyond.
Do you want to be the first on the fastest, latest, and best technology? Maybe consider switching to Verizon or another carrier that could be in talks for first with 5G. Start by comparing unlimited data and cell phone carriers now.
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About Verizon Wireless...
Verizon Wireless is one for the "Big Four" cell phone carriers in the United States. The Verizon network uses the latest 4G LTE technology while also supporting HSPA & HSPA+ (2G/3G). Verizon was founded in 2000 and is currently the leading cell phone provider in the United States.
- Network: Verizon wireless uses CDMA technology. Verizon uses bands 0 and 1 for 3G (850Mhz, 1900Mhz), and bands 2, 4, 13 (1900Mhz, 1700f, 700c) for LTE. 5G technology is coming soon.
- Coverage: Verizon's network consistently ranks #1 in national network coverage tests.
- Where to Buy: Verizon has over 2,300 retail stores nationwide, so no matter where you are, one probably isn't far away. You can also buy phones and plans online.
- Bring Your Own Phone to Verizon: Bringing your own phone to Verizon is easy. You simply need to have an unlocked Verizon-compatible device that supports the company's 3G and LTE bands. Check your phone's compatibility with Verizon here.
- Tethering: Verizon's unlimited plan includes 10GB for hotspot usage, after which, speeds are throttled. You can also purchase data-only packs to keep you connected on the go.
- Prepaid: Verizon offers prepaid plans in addition to their postpaid ones.
- Taxes & Fees: Verizon will charge state taxes and fees on top of your monthly cell phone plan cost.
Fact: When it comes to coverage, Verizon is king. The company's network canvasses more of the United States than those of any of its competitors. Learn more about Verizon via our carrier review.