Commerce Secretary Wilbur Ross suggests that 5G remains a U.S. top technology priority in light of the Sprint-T-Mobile telecom merger.

Amy Hamilton

2018-05-04 06:29:00 Fri ET

Commerce Secretary Wilbur Ross suggests that 5G remains a U.S. top technology priority in light of the telecom merger proposal between Sprint and T-Mobile as well as President Trump's ban on the Broadcom-Qualcomm merger. Ross highlights the strategic importance of 5G wireless communication as part of the core national economic security agenda. The recent telecom merger plan between T-Mobile and Sprint can help propel AT&T and Verizon into more active pursuit of 5G technology. This $26.5 billion all-stock merger caps 4 years of on-and-off merger talks between the next largest U.S. wireless carriers behind AT&T and Verizon.

U.S. regulatory agencies are likely to grill these tech firms on how they plan to price wireless service packages. Both wireless carriers expect to invest $40 billion over the next 3 years to upgrade their wireless networks to facilitate 5G communication technology. The joint company would encompass about 120 million subscribers within the current wireless networks of T-Mobile and Sprint. Network effects and externalities can spill over to benefit the next consumers who then enjoy the fruits of healthy and intense competition between T-Mobile and AT&T and Verizon. The Federal Communications Commission proposes new auctions of high broadband spectrum to speed up the launch of next-generation 5G networks.

 


If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.

Blog+More
Santa-Barbara political economy professor Benjamin Cohen proposes new fiscal stimulus to complement the current low-interest-rate monetary policy.
Daphne Basel

2019-08-28 14:46:00 Wednesday ET

Santa-Barbara political economy professor Benjamin Cohen proposes new fiscal stimulus to complement the current low-interest-rate monetary policy.

Santa-Barbara political economy professor Benjamin Cohen proposes new fiscal stimulus to complement the current low-interest-rate monetary policy. Cohen fin

+See More
Federal Reserve institutes the third interest rate cut with a rare pause signal.
Daisy Harvey

2019-12-10 09:30:00 Tuesday ET

Federal Reserve institutes the third interest rate cut with a rare pause signal.

Federal Reserve institutes the third interest rate cut with a rare pause signal. The Federal Open Market Committee (FOMC) reduces the benchmark interest rat

+See More
Credit supply growth drives business cycle fluctuations and often sows the seeds of their own subsequent destruction.
Fiona Sydney

2018-04-26 07:37:00 Thursday ET

Credit supply growth drives business cycle fluctuations and often sows the seeds of their own subsequent destruction.

Credit supply growth drives business cycle fluctuations and often sows the seeds of their own subsequent destruction. The global financial crisis from 2008

+See More
The Chinese administration delivers a written response to U.S. demands for trade reforms.
Olivia London

2018-11-25 12:37:00 Sunday ET

The Chinese administration delivers a written response to U.S. demands for trade reforms.

The Chinese administration delivers a written response to U.S. demands for trade reforms. This strategic move helps trigger more formal negotiations between

+See More
China, Russia, France, Germany, and Japan may dethrone the petrodollar.
Jacob Miramar

2018-07-01 08:34:00 Sunday ET

China, Russia, France, Germany, and Japan may dethrone the petrodollar.

Are China and Russia etc gonna dethrone the petrodollar? Over the years, China, Russia, France, Germany, and Japan have made numerous attempts to use their

+See More
Sprint and T-Mobile propose a major merger in order to better compete with AT&T and Verizon.
Joseph Corr

2018-05-03 07:34:00 Thursday ET

Sprint and T-Mobile propose a major merger in order to better compete with AT&T and Verizon.

Sprint and T-Mobile propose a major merger in order to better compete with AT&T and Verizon. This mega merger is worth $26.5 billion and involves an all

+See More