Federal regulators recently opened the door to the next generation of wireless services, making the U.S. the first nation to allocate a wide swath of airwaves to deliver super-fast 5G access.

The Federal Communications Commission voted unanimously to clear the way for mobile devices to send and receive signals over high-frequency spectrum that has had only limited uses until recent technological advances.

The agency also laid the groundwork to auction a large amount of that spectrum to wireless companies while allowing more open or shared uses of the rest--all with flexible rules in hopes of duplicating the regulatory environment that helped fuel...

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