Monaco Telecom and Huawei signs deal for 5G Smart Nation Project

Monaco’s main telecommunication company, owned partially by the Monegasque government, Monaco Telecom, signed a memorandum of understanding (MoU) with Huawei aimed to foster deployment of smart city services in Monaco. According to the MoU, the parties will work together to develop technology solutions for Internet of things (IoT), big data, and the cloud as part of Monaco’s 5G Smart Nation project.