Samsung Enters Europe With Vodafone 5G UK Deal

British Telecoms group Vodafone has chosen Samsung Electronics to supply its 5G network equipment in Britain, the pair said on Monday.

British telecoms group Vodafone has chosen Samsung Electronics to supply its 5G network equipment in Britain.

It’s something of a breakthrough for the South Korean company in Europe’s telecoms gear market.

Mobile operators are increasingly considering Samsung to replace China’s Huawei as a supplier.

Executives from Spain’s Telefonica and France’s Orange have previously told Reuters that they’ve held talks with the firm.

Britain has already ordered all Huawei equipment to be removed from its 5G network by the end of 2027, citing national security risks.

Samsung is thought to be banking on Europe to maintain growth in its network equipment business as 5G rollouts widen.

The European telecoms equipment market is dominated by Nokia, Ericsson and Huawei.

But Samsung has entered the picture after it unexpectedly landed a $6 billion deal with U.S. giant Verizon in September.


Discover more from LN247

Subscribe to get the latest posts sent to your email.

Advertisement

Most Popular This Week

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More from Author

Advertisement

Read Now

Equity Market Sees Largest 2025 Decline As NGX Loses N1.06trn

The Nigerian Exchange Limited (NGX) recorded a significant decline Tuesday as market capitalization dropped by ₦1.06 trillion, driven by selloffs in 41 stocks. The All-Share Index (ASI) fell by 1,745.16 points, representing a 1.66% decline, to close at 103,622.09 points, while market capitalization settled at ₦63.188 trillion....

TCN Requires N2.8trn to Execute 149 Projects— Power Minister

The Minister of Power, Adebayo Adelabu has disclosed that the Transmission Company of Nigeria, TCN, needs about N2.8 trillion to execute 149 projects to improve electricity transmission across the country.   A statement by the Ministry  said Adelabu made this disclosure in separate appearances before power sector committees...

CBN Fines 9 Banks N1.35bn Over ATMs Cash Scarcity

The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totaling N1.35bn for failing to ensure cash availability via Automated Teller Machines during the festive season. Each of the banks was fined N150m following spot checks that revealed non-compliance with the apex bank’s cash distribution...

Discover more from LN247

Subscribe now to keep reading and get access to the full archive.

Continue reading