Thread regarding Verizon Communications Inc. layoffs

If Verizon thinks they can get a whole bunch more money out of the consumer for 5G they are wrong

I too was involved with the fake 5G as an SP Engineer of 30 years with Verizon in one of the four city's launched last year. And yes the fake 5G is very fast if you are a block away or less and in line of site of the millimeter antennas. The 5G that is the standard (real 5G, NR ) is out now and will probably be slower than the fake 5G because it involves mobility. I think Verizon has pumped up the stock holders to think this is a real growth changer, The real 5G that is not millimeter wave will not be much faster than 4G. So if Verizon thinks they can get a whole bunch more money out of the consumer for 5G they are wrong, We are tapped out ! Also the millimeter wave antennas which will be beamforming small cell antennas will be by the most part installed and maintained by contractors to work near power lines.

Reposted from @Yq6WCoB-1wmf . Hope that the OP is wrong about this but there is a big possibility that this turns out to be true.

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Post ID: @OP+Ys5To71

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5G isn't about the customer or more revenue...5G is mostly about cost savings.

Virtualization, OpenRAN, Dark Fiber...all very big parts for all cellular providers in cutting costs and 5G is driving it.

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Post ID: @1xbf+Ys5To71

5G will be competitive across all carriers...its already legally set up to be that way...but the other carriers don't need to pay back 20 billion to Vodaphone....the revenues from 5G won't be strong. The loan won't be paid back until all retail is sold off. Its that simple. The world is fine with 4G and aside from carrier hype 5G isn't worth the money. Game over.

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Post ID: @1kwq+Ys5To71

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