You keep hearing about 5G but may not know why? , Ajit Pai, chairman of the Federal Communications Commission, called for a public auction of radio waves currently used by satellite companies (the so-called C-band spectrum) for new fifth-generation wireless networks or the 5G, of which there is so much to have.
] Pai's moment coincided with the announcement of a bill by Senator Roger Wicker (R-Miss.) And Senator John Thune (R-SD) stating that the FCC must conduct "a public auction of the C-band spectrum." , The auction is also scheduled to begin before 31
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So, what does that mean?
Well, according to chipmaker Qualcomm, 5G "will enhance the mobile network not only to connect people, but also to connect and control machines, objects and devices, delivering new levels of performance and efficiency, the new ones Enable user experience and connect new industries. "
Or as Verizon tells you on its website, "It's expected to be one of the fastest wireless technologies ever developed."
But it's not just about speed. In rural areas – which are currently underserved in the broadband market – new funding opportunities could emerge from a public 5G auction, as Pai recently pointed out. Faster broadband is something everyone wants, not everyone wants to accelerate these auctions, like satellite companies, because billions of dollars are at stake. They do not have the "spectrum" they've been using over the past four decades to "send programs to 120 million US households," according to the C-Band Alliance, a consortium of satellite companies, including Intelsat and SES. This group argues that the FCC lacks the authority to accept and execute an auction without compensating it.
AT & T, which owns DirecTV, the satellite service and the country's largest mobile operator, does not disagree. "As we have already said, everyone must move towards a fair, open and transparent auction, compensation for C-band licensees for waiving rights and relocation of services, proceeds to the US Treasury, and a clear and reasonable Transitional plan for this path. " ensures broadcasters, programmers, and terrestrial operators that their services are not disrupted and their removal costs reimbursed, "said Joan Marsh, Executive Vice President of Regulatory & State External Affairs at AT & T in a statement.
A public auction held by the FCC It could generate more money for the government and the proceeds would go directly to the US Treasury, and over the past 25 years, the FCC has held 93 auctions to pay $ 116 billion to the Ministry of Finance, the C-Band Alliance has announced that it will not leave the US Treasury Department empty-handed if it is allowed to hold the auction privately, and one official estimated it could cost as much as $ 8 billion.
Senator John Kennedy (R-La ) Led the prosecution to urge the FCC to hold a public auction, in a Senate speech Kennedy said shortly h, he urges the FCC "to hold a public auction to use part of the $ 60 billion they will receive for rural broadband services to ensure that people living in the FCC are safe Rural areas are served as well as people living in cities.
Kennedy also argues that 5G represents a problem of nationalism and national security. "Our job is not to maximize profits for foreign companies," said Kennedy, Intelsat, based in Luxembourg. Our job is to help our people, and this 5G has implications for national security. Before we pass these 5G radio waves to a foreign company, we need to know who they will give them to. What if they give it to China? "
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Competition with China is a problem at the 5G front. A Deloitte report from 2018 states that China has outperformed the US by $ 24 billion in wireless 5G infrastructure since 2015.
CLICK HERE TO READ MORE ABOUT FOX BUSINESS – and lead – on the 5G front could lead to "two different internet types" that Pai adds, "which is regrettable for consumers and potentially dangerous in the long run. "