Verizon CFO Ellis Shares Verizon 5G Roadmap, Including Nationwide Fixed 5G Plans

Verizon’s fixed 5G plans include offering fixed wireless broadband service outside the company’s traditional local service footprint, said Matt Ellis, Verizon chief financial officer and executive vice president today. Ellis made his comments in a question and answer session at an investor conference, where he outlined the Verizon 5G roadmap. Verizon 5G Roadmap Verizon currently has 5G fixed wireless technology testing underway in “eleven geographies” and “different environments” including urban and suburban settings, Ellis said. The company expects to have results from those tests in “a few months” and to be “in a position to launch [service] in 2018,” according to Ellis. That launch would use spectrum in the 28 GHz band, which Verizon gained use of through its purchase of XO Communications. That purchase could give Verizon an edge, as the FCC has yet to establish a date for a planned auction of high-frequency spectrum suitable for 5G. Verizon anticipates layering mobile service onto the fixed 5G infrastructure around 2020, Ellis said. When Ellis’s questioner noted that Verizon has less spectrum per subscriber than other major carriers, Ellis downplayed those concerns. He pointed to the company’s pioneering efforts in network densification as an example of how the company will … Continue reading Verizon CFO Ellis Shares Verizon 5G Roadmap, Including Nationwide Fixed 5G Plans