FCC Focused on 5G, but Progress Will Take Time, Says Raymond James

Spectrum and 5G dominated a meeting Raymond James analysts had with Washington contacts, said a note to investors. “The need to keep the U.S. at the forefront of this global race for next generation networks is very strong from all angles of Washington, making 5G a very important policy goal of regulators and the administration.” Progress will take time, including opening the C-band, the note said. “The FCC is set to vote on pole attachment order later this week, however, actual rulemaking on state and local preemption is further out. We believe the progress made at the state level with various legislative actions has helped further the cause, but the FCC is keenly focused on this issue.”