September 13's announcement by Lowell McAdam will go down in history as the date of the first real 5G mmWave deployment. True speeds of a gigabit are possible, rather than the 100-300 megabits more common with "Gig LTE."
We literally have hundreds of cell sites that we have up and operating and 8 markets moving to 11 markets. The global standards will be done we believe sometime this year. The chip manufacturers will have chips available in the first quarter next year for us to incorporate that are on the global standards. So this platform is not two or three years out the way it was a year ago, it's on our doorstep and I think it's going to be huge.
Fixed only at first, competing with cable. It will be 2019 or more likely 2020 before substantial numbers of mobile phones will be able to connect. Both Qualcomm and Intel have thousands of engineers at work and are optimistic about chip delivery dates. It will not be easy.
Verizon needs 5G more than any other company on Earth. Its business model is based on being better and able to charge a premium price. AT&T and especially T-Mobile have caught up in important ways. Independent testing by Open Signal has T-Mobile faster in many cities, although Verizon data disagrees.