Craig Moffett, co-founder of boutique research firm MoffettNathanson, says spectrum is not sufficient enough in the United States.
There's no chance that fifth generation wireless, or 5G, will become available everywhere in two years' time, according to Craig Moffett, who has been a leading telecommunications analyst for years.
"There is a zero chance that 5G is a ubiquitous technology" by 2021, Moffett said Tuesday in a"Squawk Box" interview. The 5G standard is meant to be at least 50 times faster than its 4G predecessor. Competition to move to the new technology is fierce, with Verizon arguably making the largest investments.
Late last year, Verizon CEO Hans Vestberg told CNBC that 5G had the potential to"disrupt industries" and"change the way you're thinking about technologies."
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