Verizon has finally launched its 5G device, the long-awaited 5G hotspot – the Inseego 5G MiFi M100. And the 5G MiFi M1000 is a piece of evidence that a 5G isn’t going to be all that cheap. Specifically, the hotspot alone cost $649.99, this is aside from the monthly cost that will be spent on data.
This is really an edge for the company! Well, the company’s present high-end LTE Hotspot, known as the Jetpack MiFi 88OOL costs thrice the lesser amount at $199.99.
Verizon, is, however, offering clients few means of making that price sting a little bit less. It offering 24-month installment plan that divides the amount into $27.08 per 30/31 days and a two-year contract that slash down the price down to $499.99.
As expected, the data are even more expensive. 5G data are only offered with the Verizon’s unlimited plan and it starts at $90 per month, a $10 more per than the LTE Plan.
However, you will get a 50GB of 5G data per month before adjusting and 15GB of LTE data. In addition, Verizon is currently offering downloads at 5G speeds while uploads will still be over LTE.
On the other hand, if you already have a Verizon unlimited plan, you can just get the service for the 5G MiFi M1000 for only $30 per month and for the same 50GB of 5G/15GB LTE data pool – similar to the $10 increase over the LTE offering.
The 5G MiFi M100 makes it the fifth 5G device that Verizon is offering to join the LG V50 ThinQ, the Moto Z3, the Moto Z4, and the Galaxy S10 5G.
The company also announced that the 5th city to get the 5G Service will be St. Paul, Minnesota. Also joining is Chicago, Minneapolis, Providence, and Denver.
The service in St. Paul will be limited to a few areas across the city – Downtown Lowertown, Major landmarks around the Minnesota Museum of American Art and West Seventh Neighborhoods.
Earlier, the company had promised 30 cities across the United States. It assured the cities of its 5G service by the end of 2019.