Will shift to 5G impact real estate?

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.

Read full article here.

bar

High-speed broadband to increase in parts of Spokane and Stevens counties

Idaho-based Intermax Networks will receive $216,045 annually to "provide fixed wireless broadband and voice over internet protocol services to 823 homes and businesses in Spokane County." Virginia-based Declaration Networks Group Inc. will receive $390,410 annually to "provide fix...

Sprint touts network investments as it reports a $141M loss

In a quarterly call with investors last week, Sprint CEO Michel Combes said that the carrier "has added expanded its 800 MHz, 1.9 GHz and 2.5 GHz coverage." Combes added that "Sprint now has 27,000 small cells on-air, compared to only 3,000 at this time last year." This comes as S...

5G rollout brings to life the smart hospital

A Georgia House committee approved legislation Monday authorizing nonprofit telephone companies and electric membership corporations (EMCs) to provide broadband service in rural Georgia. Over a span of two years, the House Rural Development Council held hearings in rural counties ...

Bellevue Chamber leads effort to pave the way for 5G mobile

The City of Bellevue acted Tuesday to amend City Code and adopt a small cell wireless facilities Master License Agreement template. This will streamline the process to add 5G wireless infrastructure in Bellevue. This action was made possible through the collaborative efforts of th...

Crown Castle has 20,000 small cell nodes in 2020 pipeline: CEO

During a conference call with investors, Crown Castle CEO Jay Brown said the firm aims to deploy between 10,000 and 15,000 small cells this year, and approximately 20,000 small cell nodes in 2020 and beyond. "Since it typically takes about 18 to 24 months for contracted nodes to b...

Verizon: 5G Home won’t expand until second half of 2019

During last Monday’s Q4 2018 earnings conference call with analysts, Verizon CEO Hans Vestberg said that "standards-based 5G home hardware isn’t coming until the second half of 2019, effectively confirming that the four-city 5G Home network won’t expand much beyo...

This website uses cookies to ensure you get the best experience. By continuing to use our site, you accept the use of cookies, and our Privacy Policy and Terms of Use.