How Much 5G Could Cost Users

Wireless carriers are still grappling with how much to charge consumers and businesses for this faster, next-generation service

The FCC recently announced a plan to encourage a blazing fast wireless service called 5G. But what is 5G? And how far is the U.S. from rolling it out? Photo: Reuters

Wireless carriers say the next generation of faster, 5G wireless service will transform entertainment, communication and the workplace. What they haven’t said: how much it will cost.

Telecom giants like Verizon Communications Inc. and AT&T Inc. are touting the ultrafast speeds that their in-home 5G services will offer, and the first smartphones compatible with the new networks are scheduled to hit the U.S. market this year. But the carriers are still grappling with how they will charge consumers and businesses for the...