Monaco on Tuesday became the first country in Europe to inaugurate a next-generation 5G mobile phone network based on technology from Chinese firm Huawei which is seen by the US as a major security risk.As mobile operators shift away from slower 3G and 4G networks Europe has been torn over its approach to the Chinese giant which is a pioneer in 5G technology.Offering super-fast wireless access 5G mobile networks offer much greater data transfer speeds.In September Monaco Telecom which is owned by French billionaire Xavier Niel signed an agreement with Huawei to make the tiny principality the first country in Europe fully covered by 5G.
π Key Information
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Tender Reference No.
445573984
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Publication Date
10 Jul 2019
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Sector
Banking, Finance, Insurance and Securities (BFIS)
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Notice Type
News
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Location
Monaco
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