MTN Cyprus and Huawei today announced their agreement for a strategic cooperation on the development of a 5G network in Cyprus, initially through a joint research program and then though a commercial set of services.
According to the Memorandum of Cooperation (MoC), signed during the Mobile World Congress 2019 in Barcelona, a task force will be formed in order to share its know-how, the well-known 5G global ecosystem and to ultimately shape the preconditions for a smooth introduction and seamless development of the 5G network in the country.
Mr. Thanos Chronopoulos, CEO of MTN Cyprus, stated: “MTN, in its new era, is faster, more flexible and more dynamic. This cooperation leads us to the advanced global 5G ecosystem and paves the path to Cyprus’ technological future. We are willing and ready to play our part within the context of a national strategy which will significantly upgrade the country’s role and contribution to telecoms across the entire region”.
Mr. Philip Gan, Vice President CEE & Nordic Region, Huawei, commented: “With the completion of this new strategic partnership with MTN Cyprus, it is now clear that the European markets are first and foremost focusing on the development of an advanced technology, aiming to meet the needs of the new era under the best possible way”.
About MTN Cyprus
MTN Cyprus is one of the largest telecommunications providers in Cyprus, delivering integrated telecommunications solutions for mobile, fixed telephony, broadband and pay-TV, as well as specialized ICT solutions to business clients. As of September 2018, MTN Cyprus was acquired by Monaco Telecom and is now a member of a dynamic European family of telecommunication providers.
Monaco Telecom is the incumbent operator of the Principality of Monaco, offering fixed and mobile, internet, TV, cloud, and hosting services. In September 2018, Monaco Telecom announced its plans to make the Principality of Monaco the first country in the world with full 5G coverage. Monaco Telecom is member of NJJ Holding, an ambitious group of European telecommunication companies comprised of providers in France, Italy, Switzerland, Ireland, Monaco and now Cyprus.
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