It is all about bragging rights - Verizon's surprise launch was rushed to beat the launch of 5G service in Korea by a few days, though the Korean carriers are now reporting that their own "late-night scramble" allowed them to now claim they actually beat Verizon by two hours.
In other words - it is effectively a tie.
But global bragging rights are one thing - the real race will be around who can bring 5G speeds and consumer-friendly data plans to the masses.
And that 5G race is just barely getting started.
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So - How Fast is Verizon's 5G?
This is what Verizon is saying about performance:
"Early customers in Chicago and Minneapolis should expect typical download speeds of 450 Mbps, with peak speeds of nearly 1 Gbps, and latency less than 30 milliseconds. 5G is a new and rapidly evolving technology and Verizon expects regular improvement in 5G Ultra Wideband speed, latency and overall network performance as Verizon engineers, working with a number of technology partners, continue to upgrade the network. Customers can expect to see regular software updates pushed to their devices and see network advancements throughout the rest of the year."
These speeds are pretty amazing.
But the catch - the coverage area to start out is EXTREMELY limited, with only small parts of the downtown of each of the two launch cities currently covered.
Verizon promises that this coverage area will be growing, and 30 more cities will have 5G by the end of 2019.
When outside of 5G areas, Verizon 5G devices will automatically fall back to 4G/LTE.
For more details on Verizon's 5G plans, upcoming devices, and pricing, read our recent featured story:
For a lot more about upcoming 5G technologies, see our in-depth guide:
And all our recent 5G posts:
- Verizon 5G Service Launches Early - 700Mbps Speed Tests Reported Posted on: April 4, 2019
- Verizon Mobile 5G Service Launching April 11th - In Just Two Cities Posted on: March 13, 2019
- 5G Getting Practical: Qualcomm Announces Second Generation X55 5G Modem Chipset Posted on: February 19, 2019
- 2018 Mobile Internet Year in Review & Looking Forward Into 2019 Posted on: December 31, 2018
- AT&T to "Upgrade" Millions of 4G/LTE Phones to Pretend They Are 5G Posted on: December 21, 2018
- AT&T Launches Extremely Underwhelming Mobile 5G Plan in 12 Cities Posted on: December 18, 2018
- Carriers Preview Upcoming Mobile 5G Technology & Devices Posted on: December 5, 2018
- AT&T Teases World's First Mobile 5G Device - Nighthawk 5G Mobile Hotspot Coming Soon Posted on: October 29, 2018
- Verizon Races to be "First On 5G" - Limited Fixed Residential Network Rollout on October 1st Posted on: September 12, 2018
- AT&T Promises FirstNet Will Help Double LTE Network Speeds Nationwide Posted on: May 17, 2018