Operators to set up joint venture for operations in 5G networks

TASS Russian News Agency | Oct 9, 2019 at 11:50 AM

ST. PETERSBURG, October 9. /TASS/. Use of 5G communication networks is planned to be implemented by way of joint ventures (JV) establishment by operators, department director of the Russian telecom ministry Andrey Kantsurov said on Wednesday.

"We have discussed an optimal scenario of using 5G networks with operators, expert community and government authorities - either to follow the path of setting up a single consortium of operators or the path of joint use of ranges. It has been agreed recently that the way will be through joint venture. That is, operators will create JVs and sign agreement. We will actually start anytime soon," the official said at the Rosinfocom conference.

Operators will negotiate the form, tasks and functions of each of them at the first phase of this activity, Kantsurov noted. The concept of 5G networks development is currently reviewed by the Russian government, he added.