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Vodafone chooses Samsung for 5G network solutions in Britain

Reuters
14 Jun 2021 14:38:16 | Update: 14 Jun 2021 14:42:30
Vodafone chooses Samsung for 5G network solutions in Britain
The logo of Samsung Electronics is seen at its office building in Seoul, South Korea South Korea, October 11, 2017. — Reuters Photo

British telecoms group Vodafone has chosen Samsung Electronics as the vendor for 5G network equipment in Britain, the pair said on Monday, a breakthrough for the South Korean company in Europe's telecoms gear market.

The tie-up comes as European mobile operators increasingly consider Samsung in the race to replace China's Huawei as a supplier.

Financial terms of the agreement were not disclosed.

Britain has already ordered all Huawei equipment to be removed from its 5G network by the end of 2027, echoing a US campaign against Huawei, citing national security risks. Samsung is banking on Europe to maintain growth in its network equipment business, a senior executive told Reuters earlier this month, as 5G rollouts widen around the world.

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 US giant Verizon in September.

Executives from Spain's Telefonica and France's Orange previously told Reuters that they had held talks with the South Korean firm.

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