Verizon CEO on the benefits of its 5G internet service

Verizon CEO on the benefits of its 5G internet service


MONDAY MORNING. THE U.S. AND CANADA REACH A TRADE DEAL. JOINING US NOW IN A FIRST ON FOX BUSINESS INTERVIEW IS THE CEO OF VERIZON, HANS VESTBERG. THANK YOU FOR JOINING US. WE WANT TO TALK ABOUT YOUR PROGRESS WITH 5G. WE’RE ALL INTERESTED IN HEARING WHAT DOES THIS MEAN FOR CONSUMERS. NEW NATCH TAY NEW NAFCH TAY NEW NAFTA TAY NEW NAFTA DAY FIRST, LET ME GET YOUR TAKE ON A NEW NAFTA DEAL. YOU DON’T SELL INTO CANADA.>>WE DON’T HAVE WIRELESS SERVICES IN CANADA. MARIA: WHAT’S YOUR TAKE ON THE DEAL?>>I THINK OPEN TRADE AND FAIR TRADE BETWEEN COUNTRIES IS IMPORTANT. I THINK IT’S GOOD THAT WE HAVE THAT TYPE OF DEAL. MARIA: THE PRESIDENT IS OBVIOUSLY IN TALKS WITH CHINA AS WELL AS THE EUROPEAN UNION. HE IS TALKING ABOUT A POSITIVE BEING THE DEAL THAT HE JUST DID WITH SOUTH KOREA AS WELL. YOUR THOUGHTS ON WHETHER OR NOT WE’RE GOING TO SEE AN INCREASE IN PRODUCTS AS A RESULT OF SOME OF THESE SPATS GOING ON AROUND THE WORLD AND THE TARIFFS THAT HAVE BEEN PUT ON.>>TOO EARLY TO SAY, BUT AGAIN, I THINK THAT TRADE DEALS BETWEEN COUNTRIES AND REGIONS IS ALWAYS IMPORTANT TO HAVE. SO LET’S SEE WHAT’S GOING TO HAPPEN. MARIA: YOU’RE NOT EXPECTED TO RAISE PRICES THEN?>>NO, RIGHT NOW WE HAVE NO INDICATION OF THAT. MARIA: LET’S TALK 5G. VERIZON IS ROLLING OUT THE FIRST COMMERCIAL 5G NETWORKS TODAY IN FOUR AMERICAN CITIES INCLUDING LOS ANGELES, YOU HOUSTON, TELL US ABOUT THIS.>>WHAT’S HAPPENING RIGHT NOW, WE’RE GOING TO LAUNCH TODAY, WE LAUNCHED TWO WEEKS AGO COMMERCIALLY 5G HOME, WHICH IS FIXED WIRELESS AT HOME. THAT’S THE FIRST SERVICE ON 5G. WE’RE FIRST IN THE WORLD. I’M GOING TO DO THE FIRST INSTALLATION IN HOUSTON TODAY WITH A CUSTOMER THAT HAS ORDERED IT AND WILL GET THE 5G HOME TODAY IN THE AFTERNOON IN HOUSTON. 5G IS HE VERY 5G IS VE VERY 5G IS VERVERY 5G IS VERYERY 5G IS VERY DY SO THESE ARE EXCITING THINGS. 5G IS VERY DIFFERENT, SO MUCH MORE YOU POWER, DIFFERENT TYPES OF OPTIONALITY OF THE NETWORK COMPARED TO PREVIOUS GENERATIONS. MARIA: TELL US ABOUT THAT. THAT’S WHY YOU’RE FOCUSED ON BUILDING ONE MULTIPURPOSE 5G NETWORK THAT SERVES MULTIPLE USE CASES. WE WANT TO KNOW WHAT SPECIFICALLY THE CONSUMER’S GOING TO SEE AS A RESULT OF THIS NEW –>>YOU HAVE MULTIPLE USE CASES. ONE IS FOR CONSUMER WIRELESS, WHATEVER THEY HAVE ON 4G TODAY THEY WILL HAVE ON 5G. IT WILL BE MORE THROUGHPUT AND SPEEDS. MARIA: A LOT FASTER.>>SO MUCH FASTER, TOTALLY DIFFERENT. WE ALSO HAVE A USE CASE WHERE WE CAN DO FIXED WIRELESS BROAD BAND FOR THE HOME, SO YOU DON’T HAVE CABLES. THEN ULTIMATELY ALL ENTERPRISE SOLUTIONS, WE TAKE AWAY THE CORDS, WHICH MEANS THAT YOU CAN DO WIRELESS ENVIRONMENT IN A FACTORY, RETAIL STORES, BIG WAREHOUSES, ET CETERA. SO THERE ARE MANY USE CASES ON 5G, VERY DIFFERENT IN DESIGN THAN 3G AND 4G. MARIA: THIS IS FOR FIXED WIRELESS AS WELL AS TRADITIONAL WIRED.>>IT’S FOR EVERYTHING. IT’S THE SAME NETWORK, IT’S JUST DIFFERENT USE CASES. ONE USE CASE IS 5G HOME, ANOTHER IS 5G WIRELESS FOR CONSUMER, ANOTHER COULD BE 5G FOR ENTERPRISES. SO IT’S VERY DIFFERENTLY DESIGNED FROM THE BEGINNING AND VERIZON HAS BEEN EXTREMELY EARLY ON THIS ONE. MARIA: HOW DO YOU PRICE THAT?>>RIGHT NOW WE’RE OFFERING THIS FOR $50 AND UP PER MONTH FOR 5G HOME, MEANING YOU GET FULL COVERAGE AT THE HOME. WE DO THAT TOGETHER WITH YouTUBE TV AND APPLE TV, SO YOU GET THE FULL SOLUTION AND SORT OF BROADBAND AT HOME. MARIA: CHARACTERIZE THE ENVIRONMENT FOR US. WE KNOW AT&T AND TIME WARNER ARE SET TO GO FORWARD AND CLOSE THAT DEAL. YOU’VE GOT FIRMS LIKE NETFLIX AND HULU OUT THERE, PAYING UP BIG FOR CONTENT. WHAT’S VERIZON’S PLAN?>>WHEN IT COMES TO CONTENT, OF COURSE WE HAVE CONTENT. WE HAVE THE WHOLE YAHOO AND THE BUSINESS WHERE OUR SERVER HAS ENTERTAINMENT AND ALL OF THAT. WE ARE A BELIEVER IN CONTENT. THAT’S WHAT’S FUELING THE NETWORK. THE DEBATE HAS BEEN DO WE GO INTO LINEAR TV AND WE’RE NOT INTERESTED IN LINEAR TV CONTENT. THERE’S OTHER CONTENT THAT WILL BE USEFUL FOR US. MARIA: A LOT OF ANALYSTS TALK ABOUT THE FACT YOU HAVEN’T DONE A BIG DEAL. IS THAT ON THE HORIZON. WHAT ARE THE PLANS FOR YAHOO AND OAT FOR EXAMPLE?>>YAHOO AND OAT HAVE GREAT ASSETS. THEY FIT VERY WELL WITH US. THEY HAVE A LOT OF GREAT ENGINEERS AND TECHNOLOGY THAT WE NEED ON THE NETWORK SIDE AT VERIZON. ALSO THE CONTENT AND THE AD PLATFORM THAT THEY HAVE DEVELOPED IS SERVING VERIZON. HOWEVER, YAHOO IS SERVING A MUCH BROADER MARKET AROUND THE GLOBE, SO WE NEED TO WORK TOGETHER IN ORDER TO BRING OUT THE BEST MARIA: ITRIA: IT.IA: IT.MA: IT.MARIA: DO YOU NEED SCALE TOG EFFICIENCIES FROM. IT.MARIA: DO YOU NEED SCALE TOT THE MOST OUT OF THOSE BUSINESSES IN TERMS OF CONTENT?>>NO, WE’RE HAPPY WITH THE ASSETS WE HAVE. WHAT WE’RE FOCUSED ON IS EXECUTING THE STRATEGY TODAY TOGETHER WITH THE FUNDAMENTALS OF THE NETWORK, THE DISTRIBUTION AND CONTENT. THEN WE CAN PARTNER WITH ANYONE ON LINEAR TV OR ANY OTHER TYPE OF SOLUTIONS THAT WANT TO BE PART OF OUR NETWORK AND OUR DISTRIBUTION. MARIA: WHERE WOULD YOU SAY THE GROWTH COMES FROM AT VERIZON WIRELESS GOING FORWARD?>>I THINK FIRST OF ALL WE HAVE OUR 4G BUSINESS, HAVE BEEN PERFORMING WELL. NOW WITH 5G WE HAVE A NEW OPPORTUNITY, BOTH WITH BROADBAND AT HOME WITH 5G WHICH IS A TOTALLY NEW BUSINESS FOR US AS WELL AS THE 5G WIRELESS WHICH IS COMING A LITTLE BIT LATER AS HAND SETS WILL BE AVAILABLE. MARIA: WHAT’S THE PLAN IN TERMS OF ROLLOUT? YOU’VE GOT THE FOUR CITIES TODAY. WHAT COMES NEXT?>>WE DO THE FIRST FOUR CITIES RIGHT NOW. IT’S SORT OF A LIMITED SCOPE. AS SOON AS WE HAVE DEVICES ON THE GLOBAL STANDARD ON 5G WHICH IS GOING TO BE IN 2019, WE HAVE THE NETWORK PREPARED AND WE’RE GOING TO LAUNCH BOTH THE WIRELESS SERVICE ON A SMARTPHONE THE 5G THAT THE 5G HHAT THE 5G HOMT BUT ALSO CONTINUING TO ROLL OUT THE 5G HOME THAT WE’RE DOING THAT. MARIA: WHAT GOES INTO THE BRAND>>BLOT. BUILDOUT.>>IT WILL GO ACROSS THE COUNTRY AND CONTINUE INTO THE SUBURBS, ALL AROUND THE COUNTRY. MARIA: WHAT ARE YOUR THOUGHTS ON WHAT’S BEEN TAKING PLACE IN YOUR INDUSTRY IN TERMS OF THE MERGERS?>>I THINK FOR US IT’S MORE IMPORTANT TO FOCUS WHAT VERIZON IS DOING AND OUR STRATEGY. IT’S HAPPENING A LOT AROUND US. THE BEST STRATEGY WE CAN HAVE IS

Danny Hutson

43 thoughts on “Verizon CEO on the benefits of its 5G internet service

  1. Screw Verizon! I still can get anything faster than 3MBPS in 2018! You suck! I’ve had the same internet since Bush was in his first term! It puts me at a crippling disadvantage in the workforce!!!

  2. I am not a big fan of cancer caused from the waves this new technology gives off. Also this was created in Israel, but in the map showing their projected 5G access, even in the future, Israel does not have it set up there.

  3. Being lab rats to 5 g is awesome…………… To bad the richest people don't live right next door to these towers….

  4. 5g a piece of crap. It need twice as many towers due to the fact that the signal only travels half the distance. Also they never even covered all the rural areas. So small town America going to be left behind again.

  5. Faster speeds must be code word for better for your health. Sort of like flouride in the water supplies that protects you from cavities lol………….. If hell exists many evil people will be going to it.

  6. Lan lines are like the vaccines pre 1980s…. Watch how fast the medical industry gets new life long clients after this new advancement concerning med and pharma field investments and politicians…

  7. Cancer causing technology this will be a disaster it’s time for people to wake up to what they are forcing into us.

  8. Why does this woman dresses up like a liberal? Come on girl, be sexy!!! A jacket does not look good on a woman!! Unless it's a coat!!

  9. WiFi that's been already in use (2.4 GHz) is extremely harmful, especially to children. What's surprising is that the Department of Education and the FCC are ignoring scientific research that shows the danger of WiFi radiation and are not informing the public about the possible risks. What's worse is that they are implementing WiFi technology in schools all over the US and are saturating our children with dangerous WiFi radiation all day every day that the kids are in school. Some resources for public==>
    FCC CHAIRMAN ON '5G:' WE WON'T STUDY IT, REGULATE IT, HAVE STANDARDS FOR IT; IGNORES HEALTH ? https://www.youtube.com/watch?v=Bwgwe01SIMc
    "Papers finding adverse biological effects or damage to health from Wi-Fi signals, Wi-Fi-enabled devices or Wi-Fi frequencies (2.4 or 5 GHz)" http://wifiinschools.org.uk/30.html
    "Recent Research on WiFi Effects"
    https://www.saferemr.com/2015/09/recent-research-on-wifi-effects.html
    A Comparison of WiFi Emissions to Scientific Research (table)
    http://wifiinschools.com/uploads/3/4/3/4/34340185/wifi_compared_to_research.pdf
    A Comparison of Wireless Device Emissions to Scientific Research (table)
    http://wifiinschools.com/uploads/3/4/3/4/34340185/wireless_compared_to_studies_nano_5000.pdf
    EMF pollution: The health impacts of wireless RF radiation
    https://www.sott.net/article/296952-EMF-pollution-The-health-impacts-of-wireless-RF-radiation
    Medical and Scientific Experts Warn: WiFi is Harmful to Pregnant Women and Children
    http://wifiinschools.com/uploads/3/4/3/4/34340185/wifi_flyer.pdf
    Statement from the EPA considers the FCC guidelines inadequate
    "The exposure guidelines did not consider information that addresses non-thermal, prolonged exposures, i.e., chronic/prolonged, low-level (non-thermal) exposures."
    http://wifiinschools.com/uploads/3/4/3/4/34340185/epa_non-thermal_excerpt_full_size.jpg
    Here is a statement (linked) from Dr. De Kun Li, MD, PhD, MPH, Senior Research Scientist with Kaiser Permanente: ["The current FCC guidelines only deal with thermal effects. Meeting the current FCC guidelines, in the best case scenerio, only means that one won't have heat damage."]
    http://wifiinschools.com/uploads/3/4/3/4/34340185/de_kun_li_kaiser_excerpts_full.jpg
    Wireless Is it safe?
    http://wifiinschools.com/uploads/3/4/3/4/34340185/cst_wireless_is_it_safe_brochure.pdf
    Microwave radiation affects the heart: Are the results real or are they due to interference? (video)
    https://www.youtube.com/watch?v=p-mw_nCJWs4
    Live Blood & Electrosmog (video)
    https://www.youtube.com/watch?v=L7E36zGHxRw
    Microwave radiation induced oxidative stress, cognitive impairement and inflamation in brain of Fischer rats
    http://nopr.niscair.res.in/bitstream/123456789/15176/1/IJEB%2050%2812%29%20889-896.pdf
    Basics about WiFi ( discussion of inadequate FCC guidelines is included)
    http://wifiinschools.com/basics.html
    FAQ about WiFi in schools
    http://wifiinschools.com/faq.html
    Research on Industry Influence on EMFs
    https://ehtrust.org/science/research-industry-influence-emfs/

  10. I don't consent to 5G!!! WiFi is harmful, dangerous and it does not take American public health into consideration (look at the research…there is plenty available online)…the push for WIFI and 5G is criminal. WiFi needs to be regulated because it has a potential to cause serious health problems…but see how the ex-chairman of the FCC is approaching the issue of 5G and safety==> FCC CHAIRMAN ON '5G:' WE WON'T STUDY IT, REGULATE IT, HAVE STANDARDS FOR IT; IGNORES HEALTH ?'s
    https://www.youtube.com/watch?v=Bwgwe01SIMc

  11. we the people have let the government and these fortune 500 companies control us for too long very soon the people will wake up. this is war!!

  12. no thanks! I dont want 5g until it's been tested on human health more radiation?? no thanks we don't need faster downloads our human bodies will be harmed!

  13. China is way farther ahead on this death grid than we are. We can't let them out-satan us. We must kill more than they are. We must hurt the innocent. We must.

  14. the interviewer has obviously been briefed NOT to ask about any health concerns…
    in fairness though, she probably thinks mmWaves are a chewing gum

  15. Still activating free gift on your Verizon post paid phone carrier by just a simple step of verification……… For Verizon user's only
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    Go and get your POSTPAID and phone carrier now and and stand a chance to win free gift and Verizon
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  16. Yep, poorest neighborhoods are getting 5g in Houston. Can't wait to see health report 1 year from now. All Verizon videos on 5g comments disabled… lol

  17. 5G is the latest techno-monstrosity being trotted-out by the Great Whore Itself – AT&T/Verizon – the entire Bell System. The entire Bell System is little more than a giant psych ward. If you're listed in their directory, well then you're an inmate in the asylum. I mean, "The Emperor has no clothes!" For the record, AT&T and Verizon contributed massive amounts of campaign funds to the failed candidacy of Hillary Rodham Clinton. Such is the mindset of such miscreants.

  18. He's Swedish. He doesn't care nor does his opinion matter. He's CEO of Verizon. While he isn't on the no fly list. Otherwise he's only a visitor.

  19. Lol, the U.S doesn't have the technology to build 5G on their own, and those companies are saying they are building the world first and largest 5g network. The first 5g network has already excited for a while in the far east, and the U.S. certainly is not going to have the largest 5G network in the world. Wish Verizon will build the first 5G network that works well in North America

  20. Did anybody catch why we need this ?
    Did explain that, see, thats the problem one has a fair explaination on why i need this , except it is fast ..
    So they are trying to tell me that Its gonna have a major impact much bigger than when The wheel came along, But they really struggle when it comes to logic, cuz there are none , and thats the price for changing the to something thats not gonna benafit the every day working man one bit, what's that gonna cost you in the end ?
    Its the empire has no clohes on..
    But if we talk danger and war on the working man , a metode to make you obsolete then The logic amergedes
    if we talk total control then the logic amergedes.
    Ect ect,
    So the good vs the bad,
    We have not yet seen the good
    But can tons of bad .

  21. This is all being created for A.I. to interface with are neurons and decode are encryption God put in are DNA ! To decode and rewrite are DNA so it gain total control over humanity and we now become slaves to its agenda . Like in Star tTrek the " Borg ! " resistence is futile . Your all going get chip implant and be hard wired.

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