Sprint Corp (NYSE:S) And Verizon (VZ) Differ On Timing Of 5G Launch In The U.S.

Sprint Corp (NYSE:S) and Verizon Communications Inc. (NYSE:VZ) seem to have different predictions for when they think the U.S. is likely to experience 5G connectivity. For Sprint, 5G is unlikely to reach the U.S. until after 2020. However, Verizon seems to favor the possibility of 5G entering the U.S. by 2020 or earlier, at least going by its own 5G project testing plans.

Sprint Corp (NYSE:S) and Verizon have made significant contributions to faster wireless connectivity in the U.S., which is why their comments and actions around 5G initiatives are closely monitored. While Sprint is technically considered to be the first carrier to offer 4G connectivity in the U.S., the company appears to be less optimistic about a faster launch of 5G in the U.S.

Outside world to experience 5G ahead of the U.S.

At the recent 3rd Generation Partnership Project, Sprint’s Scott Migaldi talked about 5G, what it means and its possible launch in the U.S. According to Migaldi, a senior research scientist at Sprint, the earliest that the U.S. could see 5G network deployment is after 2020. Migaldi also believes that some overseas markets will experience 5G much earlier than the U.S., estimating that Asia could start seeing 5G proof of concept in 2018.

Sprint’s contribution to faster wireless networks

Through its WiMAX technology back in 2008, Sprint Corp (NYSE:S) became the first company to offer U.S. wireless customers 4G-grade network quality. However, Sprint’s WiMAX has increasingly become a burden in recent times as LTE networks penetrate deeper.

Verizon to start 5G testing in coming months

Verizon, another key player in expanding access to faster network connectivity in the U.S., believes that 5G could be here sooner than later. Within the next 12 months, Verizon intends to begin its initial tests of 5G networks. Looking at Verizon’s 5G proof of concept plan, the carrier appears more optimistic about a faster launch of 5G connectivity in the U.S.

Verizon was the first U.S. carrier to roll out the 4G LTE network and that happened towards the end of 2010.

Although 5G appears to be several years out, going by Sprint Corp (NYSE:S)’s estimates, the technology is promising to revolutionize wireless connectivity. For example, 5G tests in China and Japan have shown download speeds reaching up to 3Gbps.

Neha Gupta

Neha Gupta has been in the financial space for over six years now. Gupta earned her MBA degree from Symbiosis Centre of Distance Learning in 2009 and her passion for finance led her to pursue Chartered Financial Analyst (CFA) course. She has successfully completed Level II of her CFA. She is a veteran in article writing, which is depicted in her numerous pieces published on SeekingAlpha, Nextiphonenews, InsiderMonkey, MarketWatch, and Techinsider. Her crisp and eloquent writing finds its best place in Researchcows, where emphasis is given on developing rich content for various websites, products, business plans, trainings, and book writing.

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