Sowmyanarayan Sampath the CEO of Verizon Business photographed at Corinthian Houston on Wednesday, Aug. 24, 2022 in Houston.Verizon’s 5G network promises speeds for businesses like you’ve never seen before: massive download files in minutes, real-time anonymous crowd tracking in sports stadiums or office buildings, even drones that can create maps of areas as they fly over them.Sampath stepped into the CEO spot in July 2022 after working for Verizon in various roles since 2014.
. Since then, we’ve continued to deploy in this network and build on this network. There’s a lot of population moving in. We've had 200,000 customers who moved into the Texas recently. So we’re doubling down on the network build more than ever before. We’re going to invest almost $100 million extra to fortify the network and be ready for the new customers. Houston’s got a very diverse business customer base. We love that, because 5G appeals to everyone differently.
A: Two things: one, we’ve gotten more advanced modeling and radiofrequency planning, so we know how to work around those issues better. The second is C-band spectrum. This is a mid-band spectrum we spent almost $60 billlion for. C-band gives you distance coverage, and millimeter wave gives you massive throughput. When you put those two together, you get the best of both worlds: very high speeds and lot of coverage that has largely solved that problem.
Another big opportunity we’re seeing is logistics. There’s nothing more frustrating than having a large warehouse with poor connectivity because the scanners or the vehicles or the forklifts don’t work. Having good private 5G connections in these warehouses is critical.
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