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For a LAN: Nothing, but you won't be able to communicate to anyone outside of it. You also won't be able to access it away from wherever you set it up.

For the primary networks at issue here, cellular networks: The FCC, and regulations restricting what devices can access which EM frequencies legally.



Nit: it is possible to build a private LTE/5G network if you use appropriate spectrum reserved for that purpose:

* https://www.sierrawireless.com/iot-blog/what-are-private-lte...

Not sure about connectivity to the larger / global SS7 network.


So, you don't own other people's networks? Right.




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