Verizon's first 5G hotspot is $500 with a two-year contract

Verizon's first 5G hotspot is $500 with a two-year contract

Verizon (Engadget's parent company) has unveiled the latest device that connects to its 5G network. The Inseego MiFi M1000 is the first 5G hotspot available through Verizon, and it costs $650 upfront. If that's a little out of your price range, there's a payment plan through which you can pick up the hotspot for $27.08/month for 24 months or it's available for $500 with a two-year contract.