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This isn't quite 5G, because the 5G standard won't be set until
2018. But Verizon intends to converge its 5G service with the
actual standard, and it's trying to use as many elements of
upcoming 5G systems as possible.
5G home internet is also much easier for carriers to roll out than
house-by-house fiber optic lines. Rather than digging up every
street, carriers just have to install fiber optics to a cell site every
few blocks, and then give customers wireless modems.
The goal is to have far higher speeds available, and far higher
capacity per sector, at far lower latency than 4G. The standards
bodies involved are aiming at 20Gbps speeds and 1ms latency,
at which point very interesting things begin to happen.
Is 5G for Phones, Cars, or Homes?
Driverless cars may need 5G to really kick into action. The first
generation of driverless cars will be self-contained, but future
generations will interact with other cars and smart roads to
improve safety and manage traffic. Basically, everything on the
road will be talking
To do this, you need extremely low latencies. While the cars are
all exchanging very small packets of information, they need to do
so almost instantly. That's where 5G's sub-1 millisecond latency
comes into play, when a packet of data shoots directly between
two cars, or bounces from a car to a small cell on a lamppost to
another car. (One light-millisecond is about 186 miles, so most of
that 1ms latency is still processing time.)
When Is 5G Happening?
AT&T and Verizon's pre-5G is coming this year, but the first
official 5G launches will come in 2018, with broad deployment
in 2019. The schedule was previously set for 2019-2020, but
carriers and equipment manufacturers figured out an accelerated
schedule earlier this year.