Apr 2, 2019
The Economic Impacts of Reallocating High-Band Spectrum to 5G in the United States .
Summary of Key Findings
The next generation of wireless technology (5G) represents a significant leap forward in mobile communications, promising substantial increases in data speed, service quality, and network capacity. This new technology will rely on a much wider range of spectrum than current 4G LTE networks. To achieve this significant leap forward, two things need to happen: policymakers must reallocate spectrum for 5G uses and service providers will need to, as they have begun to do, invest hundreds of billions of dollars in new infrastructure.
This study examines the economic impacts of reallocating 12.55 GHz of licensed high-band spectrum for 5G networks. We conclude that wireless providers will invest in excess of $42 billion on infrastructure to deliver 5G services using this high-band spectrum over a seven-year buildout period. This high-band spectrum buildout will result in:
- $75 billion in additional GDP.
- 364,000 new jobs, accounting for both direct and spillover effects.
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