To modernize the network in Moscow, Russian telecom operator MTS will purchase 5G-ready equipment from the Chinese company Huawei.
MTS did not disclose the purchase price. According to Kommersant, investments in the project will amount to $100 million. Previously, MTS cooperated with the Finnish telecom equipment manufacturer Nokia in the Moscow region.
The company notes that the renewal of the network in Moscow and the region will increase the throughput at least three times. Over the past three years, the operator has noted an annual growth in the volume of mobile Internet traffic in the MTS network of the capital region by more than 65%.
ACRA (The Analytical Credit Rating Agency)