Hungary has signed an EU declaration to push forward with the development of 5G networks, it has been announced.
Akos Peter Mernyei, Deputy state secretary for EU and international relations, helped secure the deal during an informal meeting of EU telecommunications officials in Estonia on Tuesday.
According to MTI, the declaration urges the EU to create the policies and regulations necessary for the bloc to become a market leader in 5G connectivity.
Mernyei said that 5G technology will have a bigger impact than previous mobile telecommunications technologies, as it will affect transportation, healthcare, energy and even agriculture.
The minister said Hungary already has the third fastest 4G network in the world, which would give Hungary an advantage in the global competition of mobile communication network development.