FCC announces $US9 billion 5G Fund for rural America

WASHINGTON, DC — Federal Communications Commission chairman Ajit Pai today announced his intention to create the 5G Fund, which will provide up to $US9 billion in funding to carriers to deploy advanced 5G mobile wireless services in rural America.This major investment in rural America would be allocated through a reverse auction and would target hard-to-serve areas with sparse populations or rugged terrain. The $9 billion 5G Fund would also set aside at least $1 billion specifically for deployments facilitating precision agriculture needs, the FCC said in a news release.“5G has the potential to bring many benefits to American consumers and...