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Through a Memorandum of Understanding signed in the same month, the two parties also announced their intention of extending the cooperation on 5G technology to realize the best telecommunications network in Iceland in terms of radio coverage, stability and bandwidth to ensure the reliable service quality and the enhanced experience.56
As of 2022, there are 521,722 active mobile subscriptions in use in Iceland. 4G and 5G services are operated by 3 mobile operators, and 2G and 3G are still in operation until 2025. NOVA was the first network to offer 4G in 2013 and first to offer 5G in 2020.
Mobile telecoms in Iceland adheres to the GSM standard and 2G, 3G, 4G and 5G services are available, as well as a TETRA network for emergency communications. Iceland is connected by four submarine cables to both Europe and North America. Broadcasting is based on DVB-T2 standard for television and FM for radio.
In data collected between July 2022 and June 2024, China was reported to have had around 3.5 million 5G base stations installed across the country, with Chinese mobile operators investing heavily in 5G infrastructure. By comparison, the European Union had around 460,000 thousand base stations, while the United States had approximately 175,000.