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Monaco Telecom and Huawei Sign Agreement for Making Monaco the First Country with Full 5G Coverage

Monaco Telecom and Huawei Sign Agreement for Making Monaco the First Country with Full 5G Coverage

Monaco Telecom and Huawei have finalized an agreement on Friday, 7 September 2018, in Beijing, in the framework of the State visit of Prince Albert II to China.

The agreement was signed by Martin Péronnet, CEO of Monaco Telecom and Shi Weiliang, CEO of Huawei France and Monaco in the presence of Prince Albert II and Ren Zhengfei, founder of Huawei.

Frédéric Genta, inter-departmental delegate in charge of the digital transition was also present to support this collaboration, aiming to give Monaco full 5G coverage. This will contribute to the rapid implementation of the Principality’s Smart City projects, it will offer incomparable performance in Internet usage and it will advance the country’s economic development.

The agreement is part of the partnership initiated in 2012 between the Monegasque operator and the Chinese giant, world leader of fixed and mobile networks. This partnership had already led, in 2017, to the launch of the first 4G mobile network at 1 Gbps. The accelerated launch of 5G in Monaco also comes after the meeting of Prince Albert II with Guo Ping, Deputy Chairman and Rotating Chairman of Huawei, that took place during the last Davos summit. It signals the wish of the Monegasque state to acquire the most effective communication technologies through its telecommunications provider.

A first pilot zone will be ready by late September, during the Monaco Yacht Show 2018.
The network is expected to be fully deployed and host the first commercial terminals, by mid- 2019.

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