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FCC tries to speed up 5G network deployment

Photo: Miquel Benitez / Getty Images

The Federal Communications Commission took steps to revamp processes for installing the hundreds of thousands of wireless antennas needed for 5G technology.

Why it matters: Several countries are racing to roll out the next generation of wireless technologies that will help power the "internet of things," smart cities and autonomous vehicles. Regulators are trying to speed up that process for U.S. companies angling to take the lead.