The Federal Communications Commission has adopted rules for creating the 5G Fund for Rural America, which will distribute up to $9 billion over the next decade to bring 5G wireless broadband connectivity to rural America. 5G represents the latest advance in mobile wireless technology, promising increased speeds, reduced latency, and better security than 4G LTE networks.
The 5G Fund will use multi-round reverse auctions in two phases to target support from the Commission’s Universal Service Fund to eligible areas based upon the improved mobile broadband coverage data gathered in the Commission’s Digital Opportunity Data Collection proceeding. Establishing the 5G Fund further secures United States leadership in 5G and will close the digital divide and bring economic opportunities to rural America.
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