/>
X
Why you can trust ZDNet ZDNet independently tests and researches products to bring you our best recommendations and advice. When you buy through our links, we may earn a commission. Our process

'ZDNet Recommends': What exactly does it mean?

ZDNet's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing.

When you click through from our site to a retailer and buy a product or service, we may earn affiliate commissions. This helps support our work, but does not affect what we cover or how, and it does not affect the price you pay. Neither ZDNet nor the author are compensated for these independent reviews. Indeed, we follow strict guidelines that ensure our editorial content is never influenced by advertisers.

ZDNet's editorial team writes on behalf of you, our reader. Our goal is to deliver the most accurate information and the most knowledgeable advice possible in order to help you make smarter buying decisions on tech gear and a wide array of products and services. Our editors thoroughly review and fact-check every article to ensure that our content meets the highest standards. If we have made an error or published misleading information, we will correct or clarify the article. If you see inaccuracies in our content, please report the mistake via this form.

Close

MWC: BlackRock's new HQ will use Verizon 5G for high-speed connectivity

The deal with the major financial firm showcases how private 5G networks can be used in lieu of wi-fi at facilities that require secure, fast networks.
stephanie-condon-author.jpg
Written by Stephanie Condon, Senior Staff Writer on

BlackRock, the major asset management firm, is deploying a Verizon Business On Site 5G private network at its new global headquarters in New York City, the companies said Tuesday during Mobile World Congress. The deal -- the first commercial implementation of Verizon's On Site 5G offering -- showcases how private 5G networks can be used in lieu of Wi-Fi at facilities that require secure, fast networks. 

Verizon launched On Site 5G in June to bring private 5G networks to enterprise and public sector facilities. The service brings Verizon's 5G Ultra Wideband capabilities to indoor and outdoor locations, regardless of whether they're within a public 5G Ultra Wideband coverage area.

The private networks are non-standalone, meaning they combine 5G Ultra Wideband small cells with the LTE packet core and radios of On Site LTE. With a non-standalone network, customers can leverage both 5G Ultra-Wideband and 4G LTE capabilities.

At BlackRock's new Hudson Yards facility, the network will be used on the trading floor, the client-facing conference center, meeting rooms and other areas that will benefit from high speed and low latency.

Verizon has been aggressively expanding its 5G Ultra Wideband network, which uses a high-band, ultra-wide millimeter wave spectrum to deliver high-speed 5G. That's different from Verizon's "5G Nationwide" network, which leverages 5G and 4G. (Read more about the different "flavors" of 5G here).

After spending an eye-popping $52 billion last year for the C-band spectrum spanning the US, Verizon has used it to bring 5G Ultra Wideband mobility service to parts of more than 1,700 cities around the US so far.

Verizon's larger 5G strategy melds 5G with edge computing, and it involves creating an ecosystem with tech giants like AWS and Microsoft Azure.

Related

Microsoft to acquire foreign cyberthreat analysis vendor Miburo
microsoftbuysmiburo

Microsoft to acquire foreign cyberthreat analysis vendor Miburo

Cyber Threats
Netgear Orbi 5G WiFi 6 Mesh System (NBK752) review: Fast Wi-Fi 6 mesh networking with 5G mobile broadband
Netgear Orbi 5G WiFi6 Mesh System

Netgear Orbi 5G WiFi 6 Mesh System (NBK752) review: Fast Wi-Fi 6 mesh networking with 5G mobile broadband

Networking
The 5 best Peloton alternatives of 2022
2019-09-24-at-3-08-09-am.jpg

The 5 best Peloton alternatives of 2022

Fitness