Federal Communications Commission Chairman Ajit Pai intends to establish the 5G Fund, which would make up to $9 billion in Universal Service Fund support available to carriers to deploy advanced 5G mobile wireless services in rural America. This investment would be allocated through a reverse auction and would target hard-to-serve areas with sparse populations and/or rugged terrain. The $9 billion Fund also would set aside at least $1 billion specifically for deployments facilitating precision agriculture needs. The 5G Fund would replace the planned Mobility Fund Phase II, which would have provided federal support for 4G LTE service in unserved areas.
Press Release HERE.