Verizon turns on commercial private 5G in U.S [Reuters]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: Reuters
FILE PHOTO: The Verizon logo is seen on the side of a truck in New York City, U.S., October 13, 2016. REUTERS/Brendan McDermid/File Photo STOCKHOLM (Reuters) -Verizon Business on Thursday launched its first commercially available private 5G network in the U.S. to offer businesses and government departments high-speed indoor or outdoor connectivity. Private 5G networks remove the need for businesses to jostle for speed with others on a public network and help enable data-intensive applications that use computer vision, augmented reality and machine learning to increase productivity. “You can go up to four or five gigabit (per second) speed easily today, but what is interesting is that you have four or five gigabits consistently,” Sowmyanarayan Sampath, chief revenue officer of Verizon Business, said in an interview. Verizon has been trialing private 5G with several customers and has partnered with the likes of Microsoft and Amazon. The private 5G network, managed by Verizon,
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