By BusinessLine StaffRTE is India’s biggest English-language newspaper, with a circulation of 4.3 million people and a staff of 2,600.

Its parent company, News Corporation India, said in a statement that it has signed an agreement with Deepfake Technology Pvt Ltd, which operates a network of mobile phones in India and Pakistan.

The agreement includes a $4.3 billion funding commitment for Deepfake’s mobile services in the country and the purchase of 5G mobile communications technology from Micron Technology for a total of $3 billion.

The company, based in Hyderabad, will develop and launch 5G services for the Indian market, News Corp said.RTE said that the deal was announced on Tuesday and would allow the company to bring 5G technologies to the country.

Rajan Zed, CEO of Deepfake, said that while the deal is not yet finalised, the technology has a strong track record of commercialisation in India.

The news comes amid a global competition to develop wireless networks. 

The U.S. Federal Communications Commission (FCC) last month announced that it would begin awarding licenses for wireless networks in the United States, and plans to start awarding licenses later this year.

In addition, Google has announced that its Fiber-to-the-Home network is being built in cities such as Los Angeles, San Francisco and Washington, D.C.