STOCKHOLM - Verizon announced its first commercially accessible 5 G business network in the United States on Thursday to provide high-speed indoor or outdoor connectivity to businesses and the government departments.
The five-G network removes the need for businesses to work on the public network and help enable data-intensive applications that use computer vision, augmented reality and machine learning to increase productivity.
You can go up to four or five gigabit speed now, but what is interesting is that you have four or five gigs in a relatively regular way, said Sowmyanarayan Sampath, president of Verizon's Global Enterprise division in an interview.
Verizon has been trialing private 5 G with several customers, including Associated British Ports. They partnered with Microsoft and Amazon.
The private 5 G network, managed by Verizon, would secure all the cellular traffic on the premises of customers to increase security, while authorised remote users can still access applications.
Verizon has been working with Corning, WeWork, Tyndall Air Force Base and Miramar Marine Corps Air Station where the iconic Top Gun film was recorded.
The company is using Nokia Radios and Samsung's core equipment for initial deployment and would be open to using second generation, Nokia and Ericsson's Gear said in a later stage.
The current networks are built on existing 4 G networks to account for backward and forward compatibility for devices.
Sampath is seeing a lot of demand by financial institutions to increase speed of trade flows with 5 G, and warehouses, which are planning to use robots and autonomous vehicles, said Verizon.
Ahead of the employees returning to work, several companies are also using 5 G to upgrade their office networks to increase speeds and rearrange conference rooms to account for more video calls while maintaining social distancing.