Huawei Signs Deal to Develop 5G Network in Russian Federation

Huawei Signs Deal to Develop 5G Network in Russian Federation

Huawei Signs Deal to Develop 5G Network in Russian Federation

They were given a license for testing at the end of previous year.

5G is a next-generation cellular network that offers faster data transfer speed and could enhance technologies such as autonomous driving, remote medical diagnosis and mobile payments.

The Chinese giant and MTS will work together in areas such as indoor coverage, Fixed Wireless Access (FWA) broadband, the Internet of Things (IoT) and the development of new 5G use cases over the next 12 months. In the United Kingdom, the company's participation of network development is still in question.

MTS also has about nine million fixed-line customers who use its voice, broadband Internet and pay-TV services in Russian Federation.

The technology is expected to generate 10.6 trillion yuan (about Dollars 1.54 trillion) worth of economic output and over three million jobs between 2020 and 2025, according to a research report by the China Academy of Information and Communications Technology.

"After the issuance of 5G licences, we will continue to welcome foreign companies to actively participate in China's 5G market, seek common development of China's 5G, and share the achievements of China's 5G development", said Miao Wei, the minister of industry and information technology, according to the ministry's Twitter-like Weibo account.

The move marks an accelerated push by China to apply 5G. In February a year ago, it made the world's first 5G call and launched the first 5G terminal device.

Huawei said it is well prepared for China's 5G commercial use.

Just 3 days ago (on June 3, 2019), Huawei's Russian subsidiary i.e., Hong Kong-based Huawei Digital Technologies purchased the intellectual property rights to facial recognition systems designed by Moscow-based Vokord, developer, and manufacturer of high-tech security technology.

Huawei has become a central part of a power struggle between world top two economies that started out in trade and is now threatening to engulf the field of technology.

Huawei has denied official links with the Chinese government. The US government's actions also make it significantly harder for Huawei to source components for its devices.

The U.S. has been trying to convince its allies to shun Huawei's 5G offers, with a number of western nations reviewing the Chinese tech behemoth's equipment for a potential ban. Meng, daughter of Huawei owner Ren Zhengfei has been accused of for allegedly misleading banks about the company's business dealings in Iran.

President Donald Trump has ordered tariffs of up to 25% on hundreds of billions of dollars' worth of Chinese exports and his administration is preparing to extend them to $300 billion more - nearly all items shipped to the US from China.

Related news

[an error occurred while processing the directive]