Video News: Hungary May Launch 5G Service This Year, ITU Chief Says

  • 16 Sep 2019 6:57 AM
  • Budapest Business Journal
Video News: Hungary May Launch 5G Service This Year, ITU Chief Says
Hungary could launch its high-speed 5G mobile network before the end of this year if plans remain on track, International Telecommunication Union (ITU) Secretary-General Houlin Zhao said after speaking to Prime Minister Viktor Orbán at the ITU Telecom World 2019 event in Budapest.

“I was told that progress is quite good and if everything will be developed according to schedule, perhaps before the end of this year Hungary will start 5G commercial services,” Zhao was cited as saying by at the ITU event.

Minister for Innovation and Technology László Palkovics added that Hungary aims to wrap up 5G spectrum tenders by October and his ministry will then submit a strategy paper to the government on the applications of 5G.

Palkovics said in June that Hungary aims to start 5G services at major industrial sites in 2020, adding that the network should cover all big cities and main transport routes by the middle of the next decade.

Palkovics told Reuters that 5G tenders could raise about HUF 70 billion and also said the government is “very glad” major players in 5G technology, such as Huawei, are involved in Hungary in producing and designing systems.

Source: Euronews (in English)

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Hungary's largest and oldest source of business and financial news in English. Since 1992 it has presented essential information on Hungarian business life, including international analyses about the country. These days the BBJ newspaper is published every other week, while it releases daily business news online including premium paid content.