As expected, Qualcomm on Tuesday showed off its next-generation processor — the first to support 5G, as well as a prototype 5G phone. AT&T and Verizon also brought along a demo network, allowing attendees of its Maui tech event to try out the 5G experience.

Why it matters: In order for mobile 5G service to start early next year, the pieces need to already be in place. Seemingly they are, with the industry excited that the new generation of cellular gear is launching a few months ahead of the original schedule.