Verizon has announced its new enterprise-level private 5G network, On Site 5G. This new commercial network allows the telecommunications giant to customize networks for business use. The networks can be tailored to specialized needs and managed by Verizon for enterprise business campuses, warehouses, manufacturing facilities and more. Verizon’s goal is to make On Site 5G available even where their public 5G networks aren’t yet obtainable to better cater to enterprise business locations, regardless of how remote they are. On Site 5G also allows enterprise businesses to control their on-site network for better data management and security.
This new private 5G network is an upgrade from Verizon’s existing On Site LTE service, but promises to be as much as 100 times faster as current LTE and 4G networks. In addition to much faster speeds, 5G technology has been designed to better support emerging technologies like the Internet of Things (IoT) and virtual reality applications.
“On Site 5G opens the commercial floodgates for the promises of 5G Ultra-Wideband, allowing large enterprises and public sector organizations to custom tailor a 5G experience for any premises that demands it,” said Verizon Business Chief Revenue Officer Sampath Sowmyanarayan, “It’s the bespoke business service for what we do better than anyone else: build 5G networks that enable even the most advanced wireless, MEC, and IoT capabilities for customers on the cutting edge.”
Verizon’s pronouncement comes on the heels of a similar announcement by T-Mobile, who expects to double its market share in enterprise-level networks in the next five years. Verizon, T-Mobile and AT&T are the three largest telecommunications competitors in the U.S. market; each is fighting to continue to grow its user base by accelerating investment into 5G technologies, both for the general public and also for private businesses and enterprise organizations.
Ready to learn more about 5G technology and when to incorporate it into your enterprise business infrastructure? Contact Mobile Goods today.