Huawei signs Memorandum of Understanding with Hungarian government

Chinese telecommunications company Huawei has signed a memorandum of understanding on working to achieve broadband penetration goals set by Hungary’s government and building up 5G infrastructure.

The MoU was signed by Innovation and Technology Minister László Palkovics and Huawei Technologies regional chairman James Li in Shanghai on Tuesday, the IT ministry said in a statement.

Huawei will continue to work to support the government’s goal of bringing 100mbps-speed internet to 90 percent of Hungarian households by 2025, Palkovics said.

As a founding member of Hungary’s 5G Coalition, the company will also add to the country’s 5G infrastructure, he added.

Palkovics is in Shanghai with a delegation led by Prime Minister Viktor Orbán for the first China International Import Expo (CIIE).

Featured image: MTI

Source: MTI