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Cricket Wireless Launches 5G Nationwide Network and Samsung Galaxy S20+ 5G Smartphone

Cricket Wireless customers nationwide can now enjoy the 5G network…consumers can access 5G on the Samsung Galaxy S20+ 5G with Cricket's $60/mo. Unlimited Plan…Cricket is also launching its largest Simply Data Rate Plan ever— 100GB of data for $90/mo.

(PR Newswire, Aug 21)



Maurice Klaehne's key takeaways:

  • 5G in the US is slowly making it down to prepaid providers like Cricket, after having been lit up by all major US postpaid carriers.
  • However, the first device Cricket is launching is the Galaxy S20 Plus 5G for $1199.99, hardly a device that will appeal to many of its subscribers which usually spend less than $300 on a device.
  • 5G service is also limited to their $60 Unlimited plans at the moment, so while it's a good sign that 5G is slowly expanding, it's still very cost prohibitive for many.
  • The cheapest 5G device in the market is currently the Samsung A51 5G and this retails at around $500. 
  • We believe H2 2020 will see a sharp uptick in 5G capable mid-tier devices as OEMs will want to begin capturing this market.
  • The devices will mostly be sub-6 5G devices. mmWave 5G is too cost prohibitive (devices currently cost $50-$100 more for mmWave) and mostly limited to the Verizon network at the moment.

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