US officials revealed a plan to accelerate their deployment of 5G wireless networks with new funding estimated at $20.4 billion to build high-speed internet in rural areas.
5G & IoT NA
Verizon has announced that it will be launching mobile 5G services in Minneapolis and Chicago next month.
Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, announced the Snapdragon X55 5G modem, its second-generation 5G New Radio (NR) modem. Snapdragon X55 is a 7-nanometer single-chip integrated 5G to 2G multimode modem that supports 5G NR mmWave and sub-6 GHz spectrum bands with up to 7 gigabits per second (Gbps) download speeds and 3 Gbps upload speeds over 5G, and Category 22 LTE with up to 2.5 Gbps LTE download speeds.
The US Federal Communications Commission (FCC) has completed its first 5G auction, with a sale of 28GHz spectrum licensing which raised a cool $702 million.
The International Data Corporation (IDC) Worldwide Semiannual Internet of Things Spending Guide has predicted worldwide spending of Internet of Things (IoT) will reach $745 billion in 2019.
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