MOSCOW, October 3. /TASS/. Russia plans launching 292 satellite communication spacecraft to provide for availability of high-speed and inexpensive Internet in the country, Minister for Digital Development Maksut Shadaev said.

"In total, 292 spacecraft will operate on low orbits by 2027. They will provide for availability of high-speed and cheap Internet in the territory of the country and the whole world," the minister said.

Russia also plans to initiate large-scale production of domestic base stations of 4G and 5G communication formats since the next year as part of the National Solutions federal project, Shadaev said.

"We plan to start producing base stations as early as in 2025 within the framework of the National Solutions federal project," the minister said. This refers to the development of 4G and 5G format base stations.

According to minister’s presentation, the share of domestically produced base stations of GSM, LTE and 5G formats is to stand at 33% by 2027.