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.
Apple to invest $1 billion in new Texas campus
Apple announced it will invest $1 billion in a new campus in Austin, TX. In a statement, Apple CEO Tim Cook said that, "Apple is proud to bring new investment, jobs and opportunity to cities across the United States and to significantly deepen our quarter-century partnership with ...
Snyder signs bills to ease shift to 5G wireless technology
Michigan Gov. Rick Snyder signed legislation to "establish statewide regulations and fee limits for the installation of a dense network of ‘small cells’ on telephone poles, traffic signals and other infrastructure." The measures "are backed by carriers such as Verizon ...
Jacques Greyling joins Vapor IO as chief operating officer
Vapor IO announced the appointment of Jacques Greyling to its executive team as chief operating officer. Greyling will focus on "driving company growth, as interest for the company’s Kinetic Energy platform hits new highs." Vapor IO intends to "rapidly expand its Kinetic Edg...
AT&T expands fiber to a dozen more metros — boosting its 5G efforts
AT&T "unveiled 12 new metropolitan areas for its fiber service part of a push that should help the next-generation of wireless networks, as well." The company said more cities will get ultra-high-speed broadband options, bringing its total to 84 in the U.S.
FCC approves plan for freeing up more 5G spectrum
The FCC "has voted unanimously on service rule changes as part of a framework for freeing up spectrum…it's latest effort to boost the deployment of 5G, IoT and more, and the largest swath of contiguous spectrum currently available in the millimeter-wave bands."
Small cell rollout has Mitchell planners in action
The Mitchell Planning Commission in Mitchell, SD discussed "what the future for cellular coverage in the city will look like, expecting the growth of small cell and 5G technology in the future." The commission discussed a proposed ordinance to regulate small cell facilities. The u...