NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

Verizon opens pre-orders for Samsung 5G phone, adds 20 more cities

Published 04/25/2019, 07:18 AM
Updated 04/25/2019, 07:20 AM
© Reuters. A Samsung employee poses with the new Samsung Galaxy S10 5G smartphone at a press event in London
T
-
MSI
-
VZ
-
005930
-

(Reuters) - Verizon Communications Inc (NYSE:VZ) started taking preorders for Samsung's first 5G smartphone in the United States on Thursday, and said it would launch the high-speed wireless service in 20 more cities after Chicago and Minneapolis.

Verizon said customers pre-ordering the device can get up to $650 off on the Samsung (KS:005930) Galaxy S10 5G if they switch to its network and trade in their older phones.

The Samsung 5G phone, exclusive to Verizon for a limited time, will be available in the telecom operator's stores from May 16 with a starting price of $1,299.

Users in Chicago and Minneapolis can currently use Verizon's 5G network by using a Motorola (NYSE:MSI) Z3 mobile and a 5G "Moto Mod", a physical magnet-like attachment for the phone.

Washington DC, Houston, Dallas and Boston are some of the cities that made it to Verizon's 5G list.

© Reuters. A Samsung employee poses with the new Samsung Galaxy S10 5G smartphone at a press event in London

Rival AT&T (NYSE:T) launched its 5G network in 12 U.S. cities in December. However, its network is available only to consumers using a mobile hotspot device, not on 5G phones.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.