Opening Bands To Wi-Fi Can Trigger $183B Boon, Group Says

By Christopher Cole (April 13, 2020, 7:48 PM EDT) -- Clearing the airwaves in the 5.9 and 6 gigahertz bands for wireless internet could lead to more than $183 billion in U.S. economic growth over five years, a trade group says in a study backing FCC proposals to open the spectrum.

A study conducted by Raul Katz, a scholar of economics and telecom policy, and published by WifiForward estimates a $106 billion impact on gross domestic product stemming from increased broadband speeds, accelerated deployment of the internet of things and support for the augmented reality/virtual reality market.

Katz also projected broadband service providers and telecom equipment makers will earn a "producer surplus"...

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