January 31, 2023

Verizon’s new indoor wireless technology replaces Wi-Fi with private 5G


The news: AT Mobile World Congress in Barcelona yesterday, Verizon announced that it would build a private 5G network for black rock to launch enterprise 5G solutions as a new opportunity for telecom providers.

Here’s how it works: Verizon’s On Site Wideband 5G is a secure, non-standalone private network. Benefits over traditional Wi-Fi connections include stronger security, lower latency and high bandwidth, by Bloomberg.

“5G Ultra Wideband is the platform for 21st century businesses and should be a prerequisite for any workplace that aims to be cutting edge and ready for the future,” said Tami ErwinCEO of Verizon Enterprise.

  • Verizon, which conducted similar tests 5G deployments in 25 NFL stadiumssees 5G wireless technology as a substitute for business Wi-Fi, providing customers with enhanced connectivity for virtual reality and edge computing applications.
  • BlackRock, the world’s largest asset manager, plans to occupy 15 floors in a building in New York and is the first commercial office to adopt Verizon’s solution.
  • Enterprise 5G networks are a big opportunity that could reach $5.7 billion in turnover by 2024, by IDC estimates cited by Insider.

The bigger picture: 5G is starting to gain traction as a vital cog for edge computing applications and professional use in the office.

  • Microsoft East incorporation 5G and satellite internet connectivity in its azure cloud for business customers.
  • AT&T is currently working to build a robust 5G network in a 4-mile area that includes office, residential and commercial space at The Crystal City of Amazon campus, a possible prototype for smart cities.
  • Verizon, AT&T and T-Mobile are in a race to roll out 5G, which, although largely focused on city center coverage, has potential for use in businesses as well as public places.

And after? There could be fierce competition between 5G broadband and Wi-Fi 6, especially as the FCC opens more spectrum for this latest technology.

  • Business users will need to weigh the benefits of Wi-Fi in terms of price and ease of deployment against the promise of more secure low-latency, high-bandwidth 5G broadband applications.
  • Verizon’s deal with BlackRock, a leading financial company, is the first showcase of private 5G technology enabling wider adoption by security and performance-focused enterprises and government agencies.

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