Globally, 5G has the potential to add 12 trillion dollars to the economy and create 22 million jobs by 2035. Monaco has adopted this technology, which opens up a multitude of prospects.
In summer 2019, Monaco became the first state to achieve full 5G network coverage. The roll-out of this fifth generation mobile telephony standard by operator Monaco Telecom and its longstanding partner Huawei seeks to address the saturation of the 4G network in the face of rapidly expanding usage.