Sharecast News
14 Jun, 2021 17:44

Samsung strikes deal with Vodafone 5G network

ep hs kim presidentesamsung consumo ences 2019
SAMSUNG

Samsung has entered the European telecoms market after striking a deal with Vodafone to supply 5G network equipment in Britain.

The deal, which comes months after striking a similar agreement with Verizon in the US, was made public on Monday.

European mobile operators are increasingly considering Samsung to replace China’s Huawei as a supplier following allegations of the Chinese firm spying for Beijing.

Britain had already ordered all Huawei equipment to be removed from its 5G network by the end of 2027.

According to Reuters, executives from Spain’s Telefonica and France’s Orange had held talks with the South Korean firm.

Nevertheless, Samsung will still have to compete against the current leaders in the European telecoms equipment market, Nokia, Ericsson and Huawei.


News Source: © 2021 Web Financial Group (UK) Limited. All rights reserved and terms of use apply.

Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news and we may not share the views of the author or publisher. We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.

 

Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.