https://www.cnet.com/news/verizons-profits-surge-as-it-waits-for-5g/

Verizon has started to deploy its so-called 5G Ultra Wideband network. It's slightly ahead of schedule, with service available already in select locations in Chicago and Minneapolis, and it expects to have the service up and running in 30 cities by the end of the year. But so far, there's just one phone that can access the network, Motorola's Moto Z3. And covering entire cities or metro areas is likely to take a long time.

While its main rival, AT&T, has been diversifying its business and expanding into new areas like entertainment, Verizon has been plugging away on its wireless business and has bet the farm on the promise of 5G.