5G technology is less than a month away. Just last week, Verizon Communications Inc. (NYSE: VZ) announced it will be rolling out 5G services starting on April 11 in Chicago and Minneapolis.
AT&T Inc. (NYSE: T) and Sprint Corp. (NYSE: S) have promised 5G capability for the first half of 2019, while T- Mobile US Inc. (NASDAQ: TMUS) says a nationwide network will launch in 2020. That's also when Apple Inc. (NASDAQ: AAPL) will be launching its first 5G iPhones.
And with speeds approximately 20 times faster than 4G, this new tech is surely going to impact the entire economy - autos, healthcare, manufacturing, and distribution, just to name a few.
In fact, $1.3 trillion worth of revenue is expected to be generated over the coming decade.