The killer feature isn't throughput. Much like 2G, 3G, and 4G before it, the killer feature of 5G will be the number of low-bandwidth devices that can be connected at extremely low cost.
Ever notice how almost all home security networks support cellular connections these days, even the lowest priced options that cost $10/month? That's 2G and 3G at work. The marginal cost to the security company is probably $0. Likewise with the Kindle--so cheap that you only pay a single upfront cost premium, largely for the hardware.
Cringley mentions the desire to supplant POTS networks, but that doesn't do justice to the market potential. Home security networks switching from POTS to cellular was an incremental improvement. The growth will come from all the various devices and services that previously weren't economically viable given installation and recurring connectivity costs. Basically, IoT, except without context IoT is a meaningless phrase.
For example, I noticed yesterday that the arcade at the movie theater switched to electronic tokens. The card dispenser had a cellular antenna, thus I assume the whole thing was completely remotely managed and probably just took a few hours to install without having to provision any local services (like a POTS line) except electricity. Vending machines, etc, are obvious [existing] growth markets, but who knows where it will go.
Anybody know who's the leading provider in this space? I've always assumed Sprint with T-Mobile in second place.