5G stocks on watch as FCC chairman Pai proposes that the FCC establish a $9 billion 5G Fund to help bring the next generation of wireless connectivity to the most rural parts of the U.S., according to a tweet from FCC Cheif of Staff Matthew Berry.

BREAKING: Chairman Pai proposes that the FCC establish a $9 billion 5G Fund to help bring the next generation of wireless connectivity to the most rural parts of the U.S. This would be another important step toward closing the digital divide and advancing U.S. leadership in 5G.

— Matthew Berry (@matthewberryfcc) December 4, 2019

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