T-Mobile US Inc. has introduced a 5G wireless home broadband service and a free-phone giveaway as it trying to take the lead over other competitors.
The company announced that starting from Wednesday, people in selected areas can sign up for a $60-a-month internet service with average speeds of 100 megabits per second. The service requires a combination receiver/Wi-Fi gateway device near a window.
WIRELESS HOME INTERNET PROVIDERS |
PRICE |
SPEED |
LOCATIONS |
DATA CAP |
INSTALLATION |
T-Mobile |
$60 |
100 Mbps |
Parts of 100+ cities |
none |
self-install |
Verizon |
$70 |
300 Mbps |
Parts of 12 cities |
none |
self-install |
AT&T |
$60* |
10 Mbps |
Select areas |
1GB |
$99 |
*Requires bundling with TV or mobile service |
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The company also allows anyone with a working phone to swap for a $300 Samsung 5G phone or get half-off an Apple iPhone 12 5G in its phone trade promotion. The service comes two years after Verizon Communications Inc. launched its 5G home internet, but the technology has been slow to take off so far. T-Mobile plans to offer the service in areas where it has ample wireless network capacity, taking aim directly at the cable companies that dominate the home broadband market, Bloomberg stated.
an analyst at Recon Analytics, Roger Entner said the new move is to increase the level of 5G service users by providing the services at a lower cost.
“They want to ramp up 5G quickly, not just for bragging rights, which is important, but it also gives them a lower cost to provide the service.”
T-Mobile has acquired enough airwaves a year ago to have a one-year lead on Verizon and AT&T Inc.
T-Mobile is expected to have as many as 8 million home broadband customers in five years in the buildout of mid-band 5G networks.
READ ALSO: T-Mobile Records 100 Million Customers In Q3 2020
T-Mobile’s executive vice president of emerging products, Dow Draper said competitors cannot conveniently compete in rolling out home internet broadly.
“Our wireless competitors are not in a great position from a 5G coverage and capacity standpoint to be able to roll out home internet broadly,” Draper said
“We think that there’s more than enough opportunity for our product, which can handle significant usage.”
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