5g-tower.jpg

Image: solarseven – Shutterstock

Samsung said on Tuesday that it has been selected by US network operator Dish to deliver 5G networking solutions.

The couple’s collaboration began earlier this year and the multi-year deal is worth more than $ 1 billion, the South Korean technology giant said in a statement to ZDNet.

This is Samsung’s second largest network equipment deal to date. In 2020, the company won a $ 6.6 billion deal from US carrier Verizon to supply 4G and 5G networking equipment.

Under its latest agreement with Dish, Samsung will supply its Open RAN-compliant 5G solutions to the operator.

These solutions include 5G and RAN equipment, virtualized RAN software and Open RAN radios, including massive MIMO radios, said the South Korean technology giant.

Earlier, Dish told US regulators that he plans to provide coverage for 20% of the US population and 70% by 2023.

The Dish-Samsung partnership also includes the sale of 5G smartphones and retail devices.

Meanwhile, South Korean telecommunications company KT, which is listed on the New York Stock Exchange, said in a statement the last filing for fiscal year 2021 to the U.S. Securities and Exchange Commission that it calls for more bandwidth to expand 5G coverage in South Korea.

At the same time, the risk stemming from his current license payments to the government to use the bandwidth – for which he paid 603 billion won in 2021 – and the additional investment expected to upgrade his 5G network could adversely affect business. to him, the telecommunications companies I said.

Connected coverage

https://www.zdnet.com/article/samsung-wins-1-billion-deal-from-dish-to-supply-5g-equipment/#ftag=RSSbaffb68

Previous articleHow Bored Ape Yacht Club smashed Ethereum
Next articleCrypto M&A is growing as startups become targets and buyers – information