Wireless companies shelled out billions of dollars to fix this 5G problem CNN 3/14/2021 By Clare Duffy, CNN Business © George Frey/AFP/Getty Images A contract crew for Verizon, works on a cell tower to update it to handle the new 5G network in Orem, Utah on December 10, 2019. - The new 5G cellular network will substantially increase cellular network speeds, opening up new markets for business and individuals. (Photo by GEORGE FREY / AFP) (Photo by GEORGE FREY/AFP via Getty Images)
This is partly because there s been a lack of available infrastructure (called spectrum ) needed to build fifth generation wireless networks that are both noticeably faster than 4G and widely accessible across broad geographic areas. That changed with the completion of the Federal Communications Commission s latest spectrum auction last month, where carriers shelled out a collective $81 billion to get their hands on the crucial resource.
Wireless companies shelled out billions of dollars to fix this 5G problem
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Wireless companies shelled out billions of dollars to fix this 5G problem
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