Verizon Seen Facing Tough Competition in Initial 5G Trials

Verizon will face lots of competition in each of the four cities targeted for an initial 5G launch, Kagan reported. “Verizon will be competing against deep-rooted market incumbents.” Comcast is the big player in three of the markets -- Houston, Indianapolis and Sacramento, while Charter Communications dominates in Los Angeles, Kagan said. “Though each market has a broadband penetration rate above 70%, Verizon is clearly hoping to challenge the cable bundle, as it is offering Alphabet's YouTube TV and Apple Inc.'s Apple TV 4K as part of its broadband package in the four launch cities."