Larry Downes and other panelists quoted in TR Daily article covering CBPP event on May 24th
The TR Daily covered the CBPP's May 24, 2018 discussion of 5G in "U.S. at Risk of Losing Mid-Band 5G Race, Panelists Says" by Lynn Stanton:
While the FCC is moving apace on ensuring there is sufficient low-band and high-band spectrum available for 5G wireless deployment, there is a “danger” of “losing the race” on mid-band spectrum to Southeast Asia, where government processes make it “a lot easier to clear spectrum,” an Ericsson public policy official said during a panel discussion of 5G issues this morning …organized by the Georgetown Center for Business and Public Policy.
Larry Downes, senior industry and innovation fellow at the Georgetown Center for Business & Public Policy, said that the biggest barrier to investment in 5G technology “is that Wall Street maybe doesn’t see the bigger picture. They say the LTE network is doing great. … Why would we spend trillions of dollars on a new network?” To address this barrier, industry needs to communicate to investors that 5G “isn’t just gimmicks and gadgets” but can lead to life-changing innovations that will save lives, improve public safety, and increase energy efficiency, among other things.
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