The FCC is expected to vote on the idea in ten days and the report was funded by WifiForward, an industry advocacy group whose membership includes Google, Microsoft, Comcast, Charter, Broadcom, Arris and others.

Penned by Dr. Raul Katz, director of business strategy research at the Columbia Institute for Tele-Information and president of Telecom Advisory Services the report claims that $106 billion will be added to the gross domestic product (GDP) by 2025 due to increased broadband speeds, accelerated deployment of the Internet of Things, and expanded market access for augmented and virtual reality applications.

A producer surplus of $69 billion due to enterprise wireless traffic savings and the sales of Wi-Fi and AR/VR equipment and a Consumer surplus of $8 billion from increased broadband speeds.

That adds up to a total of $183.44 billion added to the US economy by 2025.