Rostelecom confirms start of 5G development venture with MegaFon

1 Mar 2019

Russian national fixed line operator Rostelecom has confirmed the launch of a 5G joint venture with cellco MegaFon via a newly established company named Digital For Business, equally owned by the partners, ComNews reports. The start-up – headed by Rostelecom board of directors member Vadim Semenov – will focus on shared 5G infrastructure operation and acquisition/development of 5G-suitable radio frequency spectrum. The partners initially aim to form a unified radio access infrastructure in the frequency range 3.4GHz-3.8GHz, suitable for covering large cities as well as wider national coverage.

Russia, MegaFon, Rostelecom