SATURDAY, 23 FEB 2019

 

CONNECT

Facebook Linked In Twitter
MTN_07/07-10/04_728x90px
Invest Cyprus 30/04-30/03/2019
IMH LTD

Prodromou: We Expect the UN to Include Guterres Framework, as Clarified by the UNSG

Wicker: The US has Strong Interest in Cyprus' Reunification

IMH LTD
PwC_CEO_22/02-05/03_468x60px

SERVICES

brought to you by Barclays

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.

MORE ON SERVICES

RCB Bank Expands Domestically through Premium Acquiring Services

RCB Bank has strengthened its portfolio of digital products through premium card ...

MECIT and EBRD: Overview of ‘Advice for Small Business’ Programme

In May 2017, a three-year cooperation agreement between the Ministry of Energy, Commerce, ...

WISTA Cyprus Hosts CrewingCyprus 2019 Forum

WISTA Cyprus announces the 3rd annual shipping forum. The forum’s theme for ...

FROM AROUND GOLDNEWS

   

Share of Energy from Renewable Sources in Transport at 2.6% in 2017

The share of energy from renewable sources used for transport in the European Union (EU) stood at 7.6% in 2017, compared with 3.1 % in 2007. Although the ...
   

Unemployment Falls to 7.6%

Unemployment in Cyprus fell to 7.6% of the labour force in the 4th quarter of 2018, from 7.8% in the 3rd quarter, according to the Labour Force ...
   

Confusion Among Businesses about Benefits in Kind

The provision of Benefits in Kind is a practice currently followed by a significant number of businesses across Cyprus, with the aim of both creating an ...
   

Celestyal Cruises: New Goals and New Itineraries for the Year Ahead

Enjoying a dynamic presence in Greece and Cyprus, Celestyal Cruises, a member of the Louis Group, recently published official results for 2018, highlighting ...
   

Government Spokesman: No Predetermined Date for ExxonMobil’s Drilling Results

Government Spokesman Prodromos Prodromou has said that the government did not have a predetermined date for the announcement of ExxonMobil’s drilling ...
   

Trump: US Shouldn’t Block Technology

US President Donald Trump has said he wants the US to become a technology leader through competition rather than by blocking others, the BBC reports. Trump ...
   

Wicker: The US has Strong Interest in Cyprus' Reunification

Vice President of the Parliamentary Assembly of the Organization for Security and Co-operation in Europe, US Senator Roger Wicker has said that the US has a ...
   

Cathedral City Firm to be Bought for £975M

Dairy Crest, whose brands include Cathedral City cheddar and Country Life butter, has agreed to be bought by a Canadian company in a near-£1bn deal, the ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

NewCyTech_22/02-22/04_300x250px
Gold_Digital_Edition_300x250px

IMH LTD