After CNET announced in January that it was planning toLater that year, Ronan Dunne, executive vice president and CEO of Verizon Consumer Group, plans a 5G phone that will cost less than $ 400 in 2020.
“We already have more than 25 millimeter-wave-enabled devices available to Verizon’s customers and started the year at a cost of a thousand dollars,” Dunne told CNET’sPodcast. “We broke $ 800, then we broke $ 600, now we broke $ 500. And I guess before the year is out we’ll break below $ 400.”
“Actually, it’s 5G for everyone and we’re very excited about our ability to do that through our leadership within the ecosystem. Check out this section for more innovations in terms of price and accessibility.”
Dunne did not provide any further details, e.g. B. who makes the device or when exactly it would arrive instead of teasing “to watch this room”.
All of Verizon’s 2020 5G devices have supported the millimeter wave network, which is now available in parts of 55 cities as well as the United States. While competitors T-Mobile and AT&T were able to bring phones to market at lower prices, Verizon’s need for millimeter waves has at times led the wireless operator to release custom versions of phones with additional millimeter wave antennas.
These phones, which Verizon labels with a UW suffix, sometimes have a premium price. For example, Google’s Pixel 4A 5G costs $ 600 for the Verizon variant orfor the device that AT&T and T-Mobile will sell, without a millimeter wave.