5G on existing frequencies can do more data with the same spectrum. Something something MIMO. This is broadly useful, if you have an 5G capable device and your network updated their base station equipment. 5G and 4G are supposed to be better at sharing spectrum on demand vs 4G and 2/3G.
5G on new, nearby frequency, in the US, there was a second round of taking historically TV spectrum and reallocating it for communications. These bands will most likely need new antennas on towers as well as on handsets. These tend to be lower frequencies, which could be useful for distance and structure penetration, but may not always be built out.
Then there's the millimeter wave stuff. Very high frequency, very fast, great for density, like maybe transit stations and arenas. This is the stuff that needs a tower on every light pole or whatever. I don't think this is going to get a lot of deployment, but it gets a lot of press. I think this is the part the FAA is objecting to for now.