Remote CART Captioning Communication Access Realtime Translation (CART) captioning is provided in order to facilitatecommunication accessibility and may not be a totally verbatim record of the proceedings.This transcript is being provided in rough-draft format. >> Please join me in welcoming Deputy Secretary Karen Dunn Kelley to the stage. [Applause] >> Karen Dunn Kelley: Good morning. And thank you, Diane, for those kind comments and your introduction. On behalf of SecretaryRoss, who is currently finishing an overseas trip to Greece and Turkey, I'm pleased to kick offthe NTIA second annual spectrum conference. We created this forum for you, ourstakeholders from both inside and outside the government. To provide a forum to discuss howour nation should manage radio frequency spectrum. Everyone gathered here today knowsthe strategic management of spectrum is critical for promoting economic growth safeguardingnational security, advancing our scientific understanding, and preserving American leadershipand innovation. We are witnessing ever-growing demands for limited spectrum resources as aresult of technology, particularly in the fields of 5G and space commerce. Effectively managing these new demands will require input from in close coordination with theexecutive branch partners, including the FCC and private sector stakeholders. I am happy tosee so many interested groups gathered in one room today. My goal this morning is to sharewith you the administration's vision on the comprehensive long-term spectrum policy for the21stcentury. When Wilbur Ross spoke at the first spectrum conference last year, he highlighted the criticalrole that spectrum plays in our economy and job creation. It's been 15 months since thatconference and his predictions on 5G and space commerce are already coming to fruition.Smartphone developers are delivering the first 5G capability phones to the consumer market,our nation's four national wireless carriers have each deployed 5G networks in selective citiesand I learned watching football on Sunday, including NFL stadiums. And in the early stages ofthe network 5G smartphones are already achieving speeds of up to 10 to 40 times faster than4G LTE speeds. As the networks become more widely available, we expect innovators will create morepowerful 5G consumer devices and establish new types of businesses and services. In space,the first non-geostationary satellite mega constellations are being readied and operators arepreparing for space-based services and the first satellites have already been launched and areachieving initial milestones. If these constellations become fully operational, thousands ofsatellites will deliver high speed low latency and low cost broadband connectivity to every inchof this planet. Just think, once completed, nearly ½ of the world's population can have accessto broadband Internet for the very first time. Last October President Trump issued amemorandum defining the administration long-term comprehensive approach to spectrum. This began a body of work by the White House NTIA and other agencies which continuestoday. One task for federal agencies has been to identify the current spectrum use but also defineand anticipate future needs for the next 15 years. Later this fall, the White House will release the national spectrum strategy called for byPresident Trump's memorandum. This strategy will clarify our long-term approach thatincorporates planning, innovation, and collaboration. Our strategy will detail a path to realizingthe president's vision on long-term spectrum infrastructure that sustains American technologyand dominance. The president has made it very clear that we need a comprehensivespectrum management regime to achieve our national goals. First we need to dedicateenough spectrum to meet the growing demands of the 5G wireless services. The UnitedStates successfully led the world in the deployment of 4G LTE technology, whichrevolutionized the use of cell phones in everyday life. Just as we did in 4G, we need to leadthe world in the 5G development. This will require that we deliver enough spectrum necessaryfor the innovation and that American telecom industry develop the necessary investment to getit over the finish line. Second, we must accelerate efforts to make the United States thepreeminent leader in space commerce. Morgan Stanley predicts that the annual revenue for the space industry will exceed $1.1 trillionby 2040. So it is no surprise that there are more than 80 countries vying to be thepremier -- the industry's premier home. We must ensure that the U.S. is the flag of choice forspace commerce. And this means a need for simplified regulatory and spectrum environmentthat encourages innovation. A major goal at the Department of Commerce is set up a one-stop shopping bureau that spaceindustry can turn to for regulatory needs. In addition, NTIA must work with federal partners toprovide the satellite industry with sufficient access to radio fr