- The FCC voted for a plan to speed up deployment of 5G networks around the country by overriding local rules, a move that met with minority objection but praise from telecoms.
- The new plan to cut red tape in small-cell permits can accelerate the spread of 5G development, particularly in rural areas, and boosts U.S. chances of taking the lead in 5G.
- But dissenter Jessica Rosenworcel called it "extraordinary federal overreach" and worried that "the litigation that follows will only slow our 5G future."
- Local officials are concerned they'd lose a valuable source of revenue only to provide a small discount on deployment costs to large carriers.
- Carrier stocks: T, VZ, TMUS, S, USM, TDS, SHEN, OTCQX:DTEGY, OTCQX:DTEGF, OTCPK:SFTBY, OTCPK:SFTBF