The potential for a more competitive broadband market with the rising demand for faster data connectivity and the rising momentum of private cellular networks and edge computing markets should influence the telecom sector’s progress in the near term.
Moreover, the opening of a mid-band spectrum auction by the U.S. Federal Communications Commission (FCC) should boost the next generation 5G wireless services. This move might also bolster 5G coverage in rural America. The FCC has been auctioning spectrum in recent years to address the increasing wireless connectivity demand.
