Russia approves 5G development plan
The Russian 5G development plan has been approved.
The working group on information infrastructure, operating under the state program Digital Economy, has agreed a plan to stimulate investment in the development of 5G networks in Russia.
The project implementation period is five years. The project will cost telecom operators approximately RUB 300 billion (EUR ~4 billion). The volume of state support is expected to amount to 87-181 billion rubles.
Telecom operators will now commence the implementation of the project. Currently, only the Russian mobile operators Megafon and national operator Rostelecom have received permission for a 5G testing range on 24, 25-29, 5 GHz and 3.4-3.8 GHz. The company duo has signed a cooperation agreement to jointly develop a 5G network. This will reduce the costs of rolling out the next-generation standard. As part of the cooperation, Megafon and Rostelecom will develop optimal scenarios for rolling out 5G networks based on international experience and subject to the specifics of the Russian mobile communications market.
This opportunity is relevant for all companies from Finland who produce and supply innovative technologies and equipment for the telecoms sector.
In the first stage, the network is likely to be in demand for the development of smart cities, telemedicine, and autonomous vehicles.
There will be a unique telecom event on this topic in Moscow in organized by Team Finland, Embassy of Finland in Moscow and Finnish Russian Chamber of Commerce on November 28th, 2018.
Interested in this opportunity, please contact:
Finnish-Russian Chamber of Commerce
+7 903 245 8165