The winners of the 5G race won’t necessarily be the wireless carriers building America’s new high-speed networks — for them, it’s looking more like a race to the bottom. Instead, the technology giants already running laps around telecommunications stocks are the ones in line for another turbo boost.
AT&T Inc., T-Mobile US Inc. and Verizon Communications Inc. are competing to deliver 5G, a new generation of wireless internet that can handle faster speeds and more connections at once. Industry engineers and executives say what’s most exciting about the upgrade is all the things it could make possible but have yet to be invented. It’s that same undefined promise that’s kept ...
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