5G Rollout Continues to Gain Unprecedented Momentum
It’s been three years since AT&T Inc. (NYSE:T), T-Mobile US Inc (NASDAQ:TMUS), and Verizon Communications Inc. (NYSE:VZ) first rolled out their 5G services in the U.S.
There was plenty of excitement surrounding the rollout, with analysts saying it would transform the way we communicate, operate businesses, and live in ways we have yet to imagine.
The benefits of 5G, however, have yet to be fully realized. This has caused many to suggest that the rollout of 5G has been a bust, or, as Bloomberg recently called it, “a $100 Billion Whiff.” (Source: “5G Has Been a $100 Billion Whiff So Far,” Bloomberg, March 3, 2022.)
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