Last week with the launch of the iPhone 12 line up, Verizon turned on nationwide 5G and is continuing to deploy its millimeter wave spectrum in urban cores, stadiums and other high-traffic areas.
The operator has also recently invested in mobile edge computing infrastructure in partnership with both Amazon and Microsoft. With these key pieces in place, CEO Hans Vestberg said today on a third quarter earnings call that the mission is now to start selling into the consumer, business and media segments.
Vestberg said he’s sticking to earlier projections that Verizon will see 5G mobility service revenues in 2021 followed in 2022 by revenues associated with the combination of 5G and MEC.