After the virus: A 5G gold rush?
The great American lockdown that put the economy on ice is fueling hopes of a 5G boom. US mobile carriers were already planning to spend big on deploying superfast wireless internet in the coming years. Then the coronavirus pushed a massive nationwide adoption of Zoom video conferences, distance learning, online doctors’ visits and daylong Netflix binges — and the top internet providers are ready to spend a lot more. Verizon announced it was boosting its estimated capital investment for this year by $500 million, to as much as $18.5 billion, to accelerate its 5G efforts.