In a press conference yesterday, President Donald Trump and FCC announced the laid out number of 5G spurs to accelerate its growth in the country.
“The race to 5G is on and America must win,” Trump said spawning the thought that 92 5G will be ready by the end year whereas North Korea will have 48 markets live by the end of the year.
“It’s all about 5G now,” Trump told the audience. “We were 4G and everyone was saying we had to get 4G, and then they said before that, ‘we have to get 3G,’ and now we have to get 5G. And 5G’s a big deal and that’s going to be there for a while. And at some point, we’ll be talking about number six.”
Jumping out on the 6G would be too soon but he said to get 6G technology, “as soon as possible”. 5G is the next generation and will outdating 4G soon. It will help self-driving cars to retrieve constant data information and the boost of “Internet of things” in smart cities will show exponential growth in the economy.
“It’s a race our great companies are now involved in,” Trump said. “According to some estimates, the wireless industry plans to invest $275 billion in 5G networks, creating 3 million American jobs quickly, and adding $500 billion to our economy.”
AT & T and Verizon have already started testing its 5G in the country. The president shut down the earlier rumors that the country will build its own 5G network. “In the United States, our approach is private sector-driven and private sector-led,” he added. “The government doesn’t have to spend lots of money,” he said. The only phone that has offered 5G services is Motorola for now.
“To accelerate and incentivize these investments, my administration is freeing up as much wireless spectrum as needed,” Trump said. ”[We’re] removing regularity barriers to the buildout of networks. The FCC is taking very bold action, bolder than they’ve ever taken before, to make wireless spectrum available,” he added.
The FCC announced that on Dec 10 it will offer “the largest spectrum auction in our nation’s history,” allow carriers bid on 3,400 MHz of new spectrum in the Upper 37 GHz, 39 GHz, and 47 GHz spectrum bands. The additional spectrum would “promote the development of 5G, the Internet of Things and other advanced spectrum-based services,” the FCC said.
“The FCC aims to create a $20.4 billion Rural Digital Opportunity fund,” to “extend high-speed broadband to up to 4 million homes and high-speed businesses in rural America,” FCC Chairman Ajit Pai said.
“We believe that the security and reliability of 5G is absolutely important, not just as a matter of national competitiveness, but also as a matter of national security,” Pai told CNBC’s Eamon Javers. “I have been very encouraged by my conversations with our European allies all across the Continent about the importance of security and 5G networks. The need to have a framework to understand the risk profile of certain equipment and services is something most allies recognize and it’s just a collaborative process of making sure that we have a framework that works for everybody.”
Trump’s administration has pleaded to ban the use of Huawei equipment from 5G networks. The US alleges that it could be used for espionage by the Chinese government. But Huawei denies all the poised risks.