Trump now says US should not nationalize 5G networks

5G networks are expected to be at least 100 times faster than the current 4G networks, cut delays and allow for innovations in a number of fields. The third 5G spectrum auction will be the largest, with the FCC selling 3,400 megahertz in three different spectrum bands. Pai said Trump’s comments opposing nationalisation was an “important signal” to the private sector that is investing tens of billions of dollars in the 5G networks. Pai spoke on a call with reporters ahead of the White House event with Trump and rural residents who could benefit from faster networks to tout the administration’s efforts to boost 5G wireless networks and funding for rural broadband. WASHINGTON (Reuters) – President Donald Trump said Friday the United States should not nationalize its 5G network and said private companies should move quickly to deploy the faster next-generation network.

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