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Verizon CEO sees home broadband as a ‘big opportunity’

December 10, 2018

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Last week at the UBS Global Media and Communications Conference, Verizon CEO Hans Vestberg touted the carrier’s 5G home residential broadband service as complementing its wired Fios offering while extending the ability to provide a wireless alternative to home connectivity. While the fixed wireless access service is only available in four markets, the carrier said half of the customers are new to the company.

In a discussion with John Hodulik of UBS Investment Bank and HSBC analyst Sunil Rajgopal, Vestberg said 5G Home comes with a guaranteed 300 Mbps but its millimeter wave spectrum can support up to 800 Mbps or 900 Mbps.

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