Catherine Cortez Masto and Ted Cruz Team to Protect Next Big Thing in Technology: 5G
The next big thing in cellular technology, 5G, will bring lightning-fast wireless Internet. According to documents leaked earlier this year, there was a proposal going around the White House to build a federally owned 5G telecommunications system -- or perhaps even to nationalize the 5G networks that private telecom companies are now building. The proposal was driven by concerns about security threats related to China’s development of 5G networks. Senators Catherine Cortez Masto (D-NV) and Ted Cruz (R-TX), members of the Senate Committee on Commerce, Science and Transportation, introduced legislation last week which would protect commercial 5G broadband networks from nationalization without authorization from Congress. The Eliminate From Regulators Opportunities to Nationalize The Internet in Every Respect Act is important enough to bring two political opposites together. They say nationalizing 5G networks will only have a chilling effect on private investment and result in a radical shift in the management of the nation’s telecommunications networks.’ “As we look to breakthroughs in innovation to spur domestic economic growth, it is crucial that we work collaboratively with the telecom industry to expand the country’s broadband infrastructure and maintain our global competitiveness. Nationalizing our broadband network would be detrimental to competition and private investment,” said Cortez Masto. Cruz agreed, adding, “If we try to compete with China by acting like China, we will lose far more than our global leadership in mobile technology.” More here.