Samsung said in a regulatory filing that the deal was concluded between Verizon Sourcing LLC and Samsung Electronics America. It marked the largest single export contract in the history of South Korea's telecom equipment industry.
Samsung has delivered 5G end-to-end solutions ranging from chipset, radio, and core to cloud platforms. Thanks to growing demands for 5G equipment and network solutions, Samsung's network business has expanded its presence in the global 5G equipment market.
In September 2019, Samsung's equipment was picked for KDDI Corporation, a Japanese telecoms operator. In December last year, the company was selected as the 5G and 4G network solution provider for Videotron, a Canadian telecom operator.
Samsung secured a deal in March to provide 5G solutions for the establishment of a 5G network by Spark of New Zealand. In June, Telus, a Canadian national telecoms company, selected Samsung as a 5G vendor for mobile services.
© Aju Business Daily & www.ajunews.com Copyright: All materials on this site may not be reproduced, distributed, transmitted, displayed, published or broadcast without the authorization from the Aju News Corporation.