It costs phone companies like Verizon, AT&T and T-Mobile $750 per pole to install a small cell antenna, said Sunne McPeak, President and CEO of the nonprofit California Emerging Technology Fund, or CETF. With each provider eager to build out new 5G networks in the city, San José officials estimated those fees will raise $2.2 million a year for the fund. That money will be used toward supplying schools and homes with internet that reaches download and upload speeds meeting the Federal Communications Commission’s definition of broadband of 25 megabits per second and 3 Mbps, respectively.
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