Verizon said it’s now offering its fixed wireless access (FWA) 5G Home Internet to customers in parts of Detroit, making it the sixth city to get the service…The Detroit service costs $50 a month for Verizon customers and $70 per month for non-Verizon customers. The operator is sweetening the deal with an offer of various content options at no cost when customers sign up, including Disney+ and YouTube TV…To entice people even more, Verizon is offering customers who sign up for 5G Home Internet a free Stream TV device, which gets them access to a library of OTT channels, apps and entertainment, including Netflix and Amazon Prime.
Maurice Klaehne's key takeaways:
- This is a big push from Verizon to offer a complete package of very well priced services to customers, which can raise the company’s ARPU, reduce churn, and extend CLV.
- It also puts Verizon in more direct competition with cable providers such as Charter or Dish as these cable providers have also been steadily gaining subs through their wireless offerings.