Self-driving cars, ultra-fast high-def video downloads, 911 dispatchers, and smart homes will all benefit from the rollout of next generation wireless technologies known as 5G. But what might the land use and real estate implications be for municipalities, residents and developers?
Industry experts tout 5G for its download speeds of 10- to 20-gigabits-per-second, which is on average 40 times faster than existing 4G networks. In addition, 5G technology is expected to help create 3 million new jobs, add $533 billion in GDP, and generate an additional $1.2 trillion in consumer benefits, according to Forbes.
5G Funding Could Be Included in the Next Stimulus Bill. These Stocks Could Benefit.
Barron’s reported that the next round of fiscal stimulus may include funding for 5G network and rural broadband infrastructure, which "would benefit cell tower real-estate trusts." The article highlighted Crown Castle as an "attractive [way] for investors to play the 5G tran...
COVID-19, connectivity should go hand-in-hand
Disparities in connectivity are occurring in smaller, rural school districts where there is a historical funding and resource gap. To promote rural broadband investment in Pennsylvania, House Bill 1400 – the Small Wireless Facilities Deployment Act – aims to improve co...
OP-ED: Making the virtual connection
Jeff Kotula, President of the Washington County Chamber, published an op-ed emphasizing the need for connectivity and stronger wireless infrastructure in Pennsylvania, stating that the emergence of 5G will help to increase data capacity, improve network speed and enable innovation...
FCC awarding up to $16 billion to address U.S. areas lacking broadband service
The FCC voted on Tuesday, June 9 to adopt auction procedures to provide up to $16 billion to areas that lack broadband service, including nearly 6 million unserved rural homes and businesses. The FCC voted to commence the auction on October 29, where auction applicants will be req...
The FCC to vote on the long-awaited 5G Upgrade Order
On Tuesday, June 9, the FCC will vote on the "5G Upgrade Order" that will clarify siting rules for wireless deployment. FCC Commissioner Brendan Carr’s announcement of the vote came during this year’s Connect(X) virtual conference event, where Crown Castle CEO Jay Brow...
Crown Castle CEO Jay Brown Discusses Their Role In 5G Rollout
Crown Castle CEO Jay Brown spoke with Nicole Petallides on TD Ameritrade Network. In the interview, Jay Brown discussed Crown Castle’s steady performance and role in the implementation of 5G technology, reiterating that Crown Castle’s business is a “critical component of the ...