President Trump is preparing to boost America’s wireless networks.
It’s just one of his major plans to help America recover from the economic downturn.
That’s why he quietly signed two new bills to ensure America’s dominance with new 5G wireless.
The current outbreak is revealing cracks in America’s internet and wireless. And I’m expecting we’ll see a 5G gold rush in 2020.
The coronavirus crisis has dominated news headlines since early March. And that’s why these two 5G laws were completely ignored by the media.
On March 24 President Trump signed the Secure 5G and Beyond Act and the Broadband Deployment Accuracy and Technological Availability Act.
The Secure 5G Act says that the president will work with the FCC and other agencies including Homeland Security and Department of Defense. Together, they’ll submit a plan for implementing secure 5G wireless networks in the U.S. and abroad.
The Broadband DATA Act will change how the FCC collects data about broadband access. The bill is designed to help assure that every American has access to high-speed wireless.
“The need for connectivity is even more critical now that millions of Americans are teleworking and learning from home in response to the coronavirus pandemic,” explained the congressional committee responsible for the laws.
Internet usage is soaring in the U.S.
One analytics firm reports that overall usage is up 70% since February.
AT&T (NYSE: T) says that voice calls have increase 70%. And instant messaging is up 63%.
Meanwhile, bandwidth-intensive video conferencing with services such as Skype and Zoom (NASDAQ: ZM) is up over 400%.
Now, the U.S. broadband and wireless networks are holding up thus far.
That’s not the case in Europe. Netflix (NASDAQ: NFLX) and YouTube say that they’ve stopped serving up high-resolution videos. In fact, they’ve downgraded the video quality in order to assure that the internet continues to function.
The current outbreak will change the way Americans learn, live and work.
Faster and more reliable internet and wireless and wireless networks are going to become a cornerstone of the “new normal.”
That’s why America’s wireless companies are spending $100 billion to upgrade to new 5G networks.
A small group of American 5G tech stocks stand to earn a tidy fortune. And early investors could be sitting on gains of 286% or more by the end of the year.
Yours in Health & Wealth,