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

Aspen takes proactive measures to prevent cellular blight

The Aspen City Council is rewriting its land-use code in response to the wireless networks moving toward 5G technology. Paul Schultz, the city's information technology director, said, "We feel this is a very important topic that we need to work as hard as we can … really do...

FCC Commissioner Carr talks infrastructure, spectrum and jobs needed for 5G

FCC Commissioner Brendan Carr said the opportunity presented by 5G will come in three parts: better and faster performance on smartphones, more competitive home broadband and a new wave of innovation and entrepreneurship. Carr said "there’s no question that 5G is going to be...

Deloitte predicts 50 operators will offer 5G connectivity by 2020

In its Global Technology, Media and Telecommunications Predictions for 2019, Deloitte found that 72 operators are currently testing 5G networks, and it predicts 25 will be launching 5G services this year. The report also found that the number of operators planning to launch 5G ser...

Verizon CEO sees 5G rollout spurring new uses for wireless

Speaking with Maria Bartiromo from the World Economic Forum in Davos, Switzerland, Verizon CEO Hans Vestberg said "new markets or ‘use cases’ for the company will emerge as 5G rolls out." Vestberg noted "there are so many people on smart phones, when they will have 5G ...

AT&T boosts Atlanta area mobile coverage for Super Bowl

Ahead of the Super Bowl, AT&T said its customers and FirstNet subscribers "are getting a big boost in mobile coverage and capacity." It said it’s the first company to make standards-based mobile 5G available to Atlanta businesses and consumers and that "it’s been w...

City of Branson working on new ordinance ahead of 5G technology

The City of Branson is drafting an ordinance to control the design, permits and overall appearance of small cells in public right-of-ways. City Attorney Chris Lebeck said that to bring 5G to the city, carriers will set up "small cell" systems, and that "they welcome the new high-s...

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.