Feb 22, 2017

Verizon to launch 5G in 11 cities as home internet replacement

Mel Evans / AP

Get ready for 5G, or at least the 5G hype.

The next generation of mobile service won't be really ready until 2020, but to get their feet wet, AT&T, Verizon and others plan to use it to deliver an alternative to home broadband in select cities.

Verizon plans to offer service to some customers in 11 cities by the middle of this year. AT&T, meanwhile, has said it will use early 5G to deliver its DirecTV Now video-over-Internet service in Austin sometime in the first half of the year.

The 5G standards haven't even been fully set, so Verizon and AT&T will use pre-standard gear as network equipment makers such as Nokia and Ericsson also look to ramp up for the next generation of cell service.

What's next: Expect the 5G hype to continue to build, with the noise level set to rise next month as the cell phone industry gathers for the annual Mobile World Congress in Barcelona.

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Coronavirus kills 2 Diamond Princess passengers and South Korea sees first death

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. U.S. numbers include Americans extracted from Princess Cruise ship.

Two elderly Diamond Princess passengers have been killed by the novel coronavirus — the first deaths confirmed among the more than 600 infected aboard the cruise ship. South Korea also announced its first death Thursday.

The big picture: COVID-19 has now killed more than 2,200 people and infected over 75,465 others, mostly in mainland China, where the National Health Commission announced 118 new deaths since Thursday.

Go deeperArrowUpdated 2 hours ago - Health

SoftBank to cut its stake to get T-Mobile's Sprint deal done

Illustration: Rebecca Zisser/Axios

T-Mobile and Sprint announced a revised merger agreement that will see SoftBank getting a smaller share of the combined company, while most shareholders will receive the previously agreed upon exchange rate. The companies said they hope to get the deal as early as April 1.

Why it matters: The amended deal reflects the decline in Sprint's business, while leaving most shareholders' stake intact and removing another hurdle to the deal's closure.