Yes. The 5G network will be provided by low orbit sat. You'll notice those in the know are selling cell towers as those will no longer be needed.

One can not have the "Global Brain" as it was called at the last mobile communications tech conference in Barcelona last year without 5G and this constellation is how they will ensure all areas of the planet have coverage. 5G will be fast enough and wide enough to carry the data necessary to link everything to everything else. The Internet of Things will take a giant leap forward with this communications infrastructure. Plan is to be fully functional by 2020.