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FCC votes for override of local rules to speed 5G deployment

Sep. 26, 2018 6:53 PM ETAT&T Inc. (T) StockT, VZ, USM, TDS, SFTBF, TMUS, SHEN, DTEGY, DTEGF, SFTBY, SBy: Jason Aycock, SA News Editor62 Comments
  • 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

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