Strand Consult has released a research note on Donald Trump’s 2024 election win and its impact on telecom and tech policy:
Donald Trump won decisively in the 2024 election, capturing both the electoral college and popular vote, building a multiracial populist coalition that broke through key Democratic strongholds and retained Republican control of Congress.
Telecom and Tech Policy:
US-China Relations: Trump’s policies are expected to further restrict Chinese tech, including Huawei and ZTE, continuing a trend of derisking rather than full decoupling.
5G and Infrastructure: Security concerns will drive continued restrictions on Chinese equipment in telecom networks, with a focus on using equipment from trusted, democratically aligned countries.
Deregulation: The administration is expected to emphasize deregulation, particularly in telecom, aiming to reverse Biden-era FCC rules and prioritize efficient spectrum management.
Spectrum and FCC:
Spectrum Pipeline Act: Republicans will focus on reauthorizing spectrum auctions and expanding access to mid-band spectrum, essential for 5G and wireless services.
FCC Focus: The new FCC is likely to reverse Biden-era regulations, reduce administrative burdens, and support national security through tighter spectrum management and a streamlined approach to telecom regulation.
Universal Service Fund (USF) Reform: The GOP aims to update the USF to ensure sustainable rural and low-income connectivity funding, with Big Tech potentially contributing to the fund, considering their profit from these areas.
Crypto, AI, and Little Tech:
Pro-Bitcoin and AI: Trump’s administration is expected to support crypto innovation, curtail regulations around digital assets, and encourage AI development.
Support for Little Tech: Emphasis on reducing barriers and regulatory challenges for smaller tech players, viewed as essential for innovation.
Strategic Alliances and National Security: A Trump administration is expected to reinforce alliances to secure tech supply chains, especially in Latin America, and ensure national security in telecom.
Milestone and Public Sentiment: With the 250th anniversary of American independence in 2026, there is anticipation that the administration will aim to restore and uphold democratic values amid public calls for stability and less political drama.
The note concludes by suggesting that this second Trump administration could bring significant shifts in tech and telecom policies, potentially influencing both industry structure and regulatory approach in the U.S.
By Strand Consult (This is a summary of the research note)