(Photo : Pexels/Christina Morillo) Verizon and T-Mobile 5G network T-Mobile and Verizon are both offering to replace old, damaged phones with new 5G models. The two companies have paid for new C-brand frequencies, a highly desirable spectrum for 5G that offers good range and speed. Verizon and T-Mobile reassured their shareholders that the hefty expenditure would help grow its customer base and increase the amount of money that it makes on existing accounts. Verizon and T-Mobile's 5G Push The two companies told investors at its March analyst event that the C-band included step-ups to premium plans. However, the cracked phone deal requires a commitment to a select unlimited plan, according to The Verge.