Study: KC could gain thousands of jobs from 5G network investment

The Kansas City area could see more than 5,000 jobs from deploying new telecommunications infrastructure, according to a new study commissioned by CTIA-The Wireless Association, an industry trade group.

The study shows the short-term and long-term benefits as cities tap new telecommunications tech. Fifth-generation, or 5G, networks will be able to support more connected devices than ever before, from smartphones and tablets to cars and streetlights.

5G will be the networks of “connected everything,” according to Meredith Attwell Baker, chief executive of the CTIA.

In the next seven years, Accenture expects telecommunications operators to invest $275 billion in infrastructure. Of that, Kansas City is expected to see $387 million and Overland Park an estimated $152 million.

Accenture included estimates for GDP growth and job additions, tied to the jobs created around constructing and deploying this network. Kansas City would see 4,395 jobs, and $717 million in GDP. Overland Park would see 1,722 jobs and $281 million in GDP growth, based on these estimates.

Read more: Kansas City Business Journal

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