Brought to you by: Monaco Life
Monaco Telecom unveiled, as a world premiere, its nationwide 5G mobile network on the occasion of the Monaco Yacht Show.
Frédéric Genta, Interministerial Delegate in charge of the digital transition, stressed that “The Principality is the first country in the world to open the 5G: the face of the Monaco of tomorrow is emerging today and we could not create a smart nation without a strong partnership with a telecom operator.
“The power of the 5G implemented via a precise grid of the territory will be an essential platform for the digital transition. This launch proves that, day after day, the Prince’s Government is creating the face of the Monaco of tomorrow.”
At the same time, a 5G-connected UAV, flying over the world’s leading yachting market, broadcast live 360° High Definition images to a virtual reality headset.
From a technical point of view, the 5G will be able to obtain rates multiplied by 10 and connection times divided by 10. Simultaneous processing will be 10 times higher and can support more objects connected by antenna.
Thus, 5G will support the exponential growth of Internet usage in mobility. The first smartphones capable of supporting this new technology will be available in 2019.
This development is therefore naturally part of Monaco’s evolution as a precursor in the field of connectivity, and accompanies the Principality’s digital transition, a project led by M.Genta.
IMSEE’s report on the business climate of Monaco in June shows a certain stabilisation despite overall low levels of trade.
The International Contemporary Art Fair coming up in late August will be the first major cultural event to be held since the beginning of the health crisis.
Barclays has appointed Jean-Christophe Gerard as CEO, Barclays Private Bank with immediate effect, subject to regulatory approval.
Since 20th July, the Department of Urban Amenities has been offering a free shuttle service for residents living around the Grand Ida construction site.
With the Monaco Yacht Show looming large, the Swiss luxury watch brand Ulysse Nardin has announced that it will launch a new addition to its “Monaco” range of marine timepieces at the world’s top superyacht show. This year marks the watchmaker’s ninth year of sponsorship of MYS, and the limited edition timepiece range will be unveiled at the Upper Deck Lounge at the Monaco Yacht Club. The new timepiece is limited to 100 watches, making it a very much sought-after item. Gaëlle Tallarida, Managing Director of the MYS, said: “We’re proud that the Monaco Yacht Show has become a yearly rendezvous for Ulysse Nardin, which has integrated the show both as part of their history deeply anchored to the sea and as part of a global business and marketing strategy to reach their worldwide high-end clientele in Monaco.” Patrik P Hoffmann, CEO of Ulysse Nardin, added: “The MYS is the reference exhibition platform in the Superyacht industry. Once a year the best and most exclusive Superyacht builders and nautical service providers reach out to their clientele in the most picturesque setting of Port Hercules. The MYS offers Ulysse Nardin the perfect environment to highlight its know-how, power of innovation and DNA of the Sea.” The 2017 edition of the Monaco Yacht Show will be from September 27 to September 30 at Port Hercules. (Photo: Facebook Ulysse Nardin)