Verizon's Bill Stone tells Mike Dano at Fierce, "Verizon will essentially double its 5G Home channel configurations from 400 MHz to 800 MHz, and that the speeds and capacity available through the service would double as a result." With 400 MHz, many Verizon customers are getting close to a gigabit today. The doubled capacity can be deployed in many ways.
Speeds could be doubled from "300 to 1,000 megabits." Verizon could raise the top speed to 2 gigabits for consumers to outpace U.S. cablecos, now mostly at 1 gigabit. (Some cablecos are starting to offer 1.5 gigabits.) Very, very few consumers can make effective use of even a gigabit, but the evidence around the world is that customers buy speed even if they don't use it.
Raising the 300 megabit minimum to 600 megabits would be a welcome move. Ex-CEO Lowell McAdam said the Verizon 5G would be targeted at a gigabit for all. I was shocked when VZ instead said 300-1,000 on launch. My initial thought was they were just covering their rear on problem cases, but then Vestberg said some customers would not get mmWave but something slower.
The additional capacity can be tuned to raise speeds, serve more customers, deliver better service to businesses, or extend reach. I suspect the decisions haven't been made yet and marketing will play a large role.