Barcelona, Spain, March 7, 2019: A Memorandum of Understanding (MoU) has been signed between Monaco Telecom and Huawei, France recently to accelerate the deployment of smart city services in the Principality.
The agreement was signed by Martin Peronnet, General Manager of Monaco Telecom and Weiliang Shi, General Manager of Huawei France during the recent Mobile World Congress held in Barcelona.
This new strategic partnership aims to accelerate deployment of the smart city services in line with the “5G Smart Nation” project decided by Monaco.
A press release said Monaco Telecom and Huawei will work closely together to develop technology and marketing solutions for the Internet of Things (IoT), Big Data and the cloud in order to offer a wide range of services for the benefit of Monaco residents.
In particular, Monaco Telecom will be able to rely on Huawei’s 5G and NB-IoT networks deployed in the Principality of Monaco and on the test Cloud platform based in Dusseldorf in Germany, the next step consisting to deploy a dedicated platform in the Principality.
The agreement is following the global partnership initiated in 2012 between the Monaco operator and Huawei which has already allowed the launch of the first fixed 1Gpbs service in the world in 2016 and mobile in 2017. In September 2018, the two companies signed an agreement to make Monaco the first country fully covered by the 5G.