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In the near-term, there will be minimal impact, but as wireless providers start to deploy their small cell networks, we will see faster data speeds and fewer gaps in coverage. Eventually, you will see small cells dispersed city-wide. In addition, there could be development of more macro towers, which are the backbone of the wireless networks.
The code rewrite will address design/concealment standards, siting criteria, permitting procedures, and environmental review where applicable. The FCC has limited how local jurisdictions can regulate small cell deployment. View the table here to see what the City can and cannot regulate.