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Verizon is offering some additional perks to initial 5G Home customers if that $50 to $70 monthly price tag is giving you pause.

Verizon 5G Home, will be available beginning Monday, October 1.

In Verizon's case, wireless 5G technology is replacing the typical wired home broadband internet service. Verizon is fighting with AT&T in the mobile space with AT&T claiming to begin service across 12 United States cities using mobile hotspot instead of actual devices.

Are you excited to try the Verizon 5G Home Broadband Internet service?

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The package includes a free router, free installation, and free upgrades, similar to Verizon's existing home broadband service.

Verizon's 5G home broadband service, Verizon 5G Home, launches in select areas on October 1 at a cost of $50 for Verizon Wireless customers and $70 for customers who don't use Verizon Wireless.

Verizon has said that there's no data cap on this service, which is the best piece of news. The new service is called Verizon 5G Home and will be available to current Verizon Wireless customers in these four cities. If Verizon and other wireless providers can offer a viable alternative to cable, satellite, and their ilk, consumers could enjoy lower prices as well as more choices. AT&T is also working with Nokia, Ericsson and Qualcomm on its 5G activities. We also asked Verizon for the service's upload speeds and information about what equipment will be used in the home.

Verizon Chief Executive Officer Hans Vestberg is expected to give investors more details about the company's 5G plans during a presentation Thursday at the Goldman Sachs Communacopia conference in NY. Verizon's also including a free Apple TV 4K or Google Chromecast Ultra for 5G Home customers. You'll get three free months of the YouTube TV streaming service that normally costs $40 a month. The company plans to "rapidly expand" Verizon 5G Home coverage, but doing so will require it to install new equipment from vendors. Good question. Simply put, 5G networking is the next major evolution of mobile wireless technology.