How to ensure America is No. 1 in 5G

In the days ahead, the Federal Communications Commission should release a draft proposal for its highly anticipated, multibillion-dollar auction of the electromagnetic spectrum. This may be the highest-stakes auction of spectrum ever.

If the FCC fails to get the spectrum allocated speedily, it could put at risk America’s chances of gaining supremacy in the deployment of superfast 5G technology. 5G is the fifth generation of wireless smartphone technology, and the race is on to implement 5G technology and its myriad applications. An estimated $500 million and more than 1 million jobs may hang in the balance.