After facing a brief headstart by Sprint’s 5G network with LG V50 ThinQ, Verizon, one of the biggest telecom operators in the U.S. is also introducing the 5G-enabled flagship phone from LG in the U.S. on June 20th. Yes, the phone is expensive due to the flagship cadre and the 5G network support components, however, Verizon is ready to combat the pricing led by Sprint by reducing it to ‘affordable’ pricing for the phone, the Verizon 5G Ultra Wideband packages and more.
Per Engadget, Verizon will put up LG V50 ThinQ 5G at an upfront price tag of $999 or an EMI of $42 for two years. This is way less when compared to Sprint’s $1,152 upfront retail and $48 per month for 18 months pricing scheme.
Furthermore, Verizon will waive off the $10 extra charge it levies of 5G smartphones applicable for Beyond Unlimited and Above Unlimited plans while a massive $650 discount is also in works when the user switches and trades in a handset for LG V50 ThinQ 5G.
Verizon is currently hosting its 5G Ultra Wideband network limited to some parts of Minneapolis and Chicago in the U.S.A and plans to extend the coverage by adding over 30 other cities by the end of 2019. This will surely distribute its 5G network coverage to a wider range allowing users to stream, upload, and download content at unbelievable speeds running upwards of 1Gb/s in some of the localities depending upon various factors such as the distance and obstructions to name a few.
Verizon with LG is currently offering one of the cheapest pricing when it comes to 5G smartphones since the Samsung Galaxy S10 5G on Verizon starts at an upright price of $1,300 or $54/m while there are other choices including a mid-range Motorola phone which needs an extended mod to connect the phone to 5G and so on.
Verizon will offer up to $450 on an exchange of any eligible smartphones along with a $200 prepaid Mastercard that they can use to reduce the upright price of an LG V50 ThinQ 5G. Further, since Verizon has already waived off the $10 extra charge of opting for its 5G Ultra Wideband network, it will reduce the cost of acquiring the device even further. Look no further if you want to try 5G now or you could wait for a while until the network has penetrated to a greater coverage area while allowing smartphones to become powerful, less battery consumption, and more. The link to buy LG V50 ThinQ on Verizon goes live on 6/20 so check it out here.