I wholly agree that 5G seems overhyped and underuseful. But many people let their wallets disagree, they're willing to buy (demanding to buy) the 5G commodity at premium price, so it's obviously something the wireless operators won't ignore.
But 5G would happen faster if the MNOs had to compete for the business of MVNOs. MNOs would always have to offer more for less or their MVNO customers would take their business (along with their customers) to competing networks.
The free competition model seems to stimulate innovation, technology, and lower prices in USA, most of Europe, half of Asia. They're so far ahead that they've even reached the point where they are becoming able to offer better and cheaper plans when in Canada from companies operated outside of Canada, lol, the Canadian MNOs are going to regret this little regulatory turf war when foreign businesses start taking a noticeable chunk out of "their" customer revenues out of country. Short term greed, long term fail.
