Now before you start jumping up and down in excitement and start hunting for 5G smartphones, we should caution that this is nota mobile 5G service.
The age of 5G is upon us, even if it's not coming to phones quite yet. Advertised prices include taxes and fees.
Customers in supported areas of the aforementioned cities will be able to order the Verizon 5G Home Internet service starting on October 1 at 8AM ET.
"Typical" download speeds will be around 300Mbps, and the max speed of almost 1Gbps will be available "depending on location", Verizon said. "We developed early standards that allowed the industry and hardware and software manufacturers to build solutions more quickly". There are no data caps with Verizon 5G Home.More news: Papadopoulos: Trump campaign officials 'fully aware' of Putin meeting efforts
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Ahead of Mobile World Congress Americas (MWCA) in Los Angeles this week, Verizon also announced the "first ever" 5G call across a commercial network using a simulated smartphone with Ericsson and Qualcomm, after the latter two companies demonstrated the capability in Sweden last week.
Verizon's 5G operates on millimeter wave spectrum - Verizon's slice of the airwaves is around 28GHz.
Verizon has been additionally improving its LTE networks, in October adding Massive Multiple-Input Multiple-Output (Massive MIMO) technology across its wireless network in Irvine, California, increasing network capacity and speeds for customers in partnership with Ericsson.
Customers can purchase "new 5G mobile devices as soon as they hit the market", Verizon said.
The company says it now has more than 116.5 million total wireless customers.