Thursday, October 22, 2020
Home Lead Story Samsung in a Deal to Supply 4G and 5G Network Equipment to...

Samsung in a Deal to Supply 4G and 5G Network Equipment to Canada

It marks the first time for Samsung Electronics to supply telecom equipment to Canada, Yonhap news agency reported

Samsung Electronics Co. said that it has won a deal to supply fourth-generation (4G) and fifth-generation (5G) network equipment to Videotron, a Canadian telecom firm.

“Starting in early 2020, Samsung will deliver 4G LTE-A solutions across Quebec and Ottawa,” the company said in a statement.

“Samsung will increase efficiency in accelerating the expansion of 5G service coverage to match the pace with Canada’s 5G commercial launch, which is expected to take place in late 2020,” it added.

It marks the first time for Samsung Electronics to supply telecom equipment to Canada, Yonhap news agency reported.

Samsung
Samsung Electronics Co. said that it has won a deal to supply fourth-generation (4G) and fifth-generation (5G) network equipment to Videotron, a Canadian telecom firm. Wikimedia Commons

Samsung Electronics accounted for 11 per cent of the global market for telecom equipment in the third quarter, rising sharply from 5 per cent posted at end-2018, according to the data compiled by industry tracker IHS Markit.

ALSO READ: Here’s Why Your Cellphones are Linked to Facial Injuries

The company is anticipated to post sales of 6.2 trillion won (or $5.29 billion) from the segment this year, marking a whopping 50 per cent growth from 4.2 trillion won recorded in 2018, market watchers said. (IANS)

STAY CONNECTED

19,120FansLike
362FollowersFollow
1,782FollowersFollow

Most Popular

9 Traditional Indian Folk Theatre Forms that You Need to Know

BY NEHA HEGDE The folk or traditional arts of India have been used for moral, religious, and socio-political purposes from ancient times. It must also...

COVID-19 Can Lead to Infertility in Men, says Study

COVID-19 can cause male infertility by harming the testicular cells which produce sperms thereby making it difficult to make the female pregnant, says a...

Fashion Trends to Look Your Best in this Festive Season

It's a time to pause, to relook, to rethink - It's the time to revive the spirits. This year festivities will not be like...

Perfect Hairstyle Tips for the Festive Celebrations

It's Durga Puja time! It's the most awaited period of the year for many of us. And if you are among the ones who...

Proper Ventilation Key Factor to Prevent COVID Spread

New research adds to the growing body of evidence that effective or proper indoor ventilation may be a key factor in preventing the spread...

The 21-Day Immunity Plan To Follow: Book Review

With 80 percent of chronic disease attributable to lifestyle and linked environmental factors and within the lifestyle hierarchy, poor diet being the most important...

Tattoos May Impair Natural Sweating and Cause Overheat of Body

Researchers have found that tattoos may impair natural sweating, potentially causing the body to overheat if the tattoos cover a large area of the...

Amazon Allowing Work From Home Untill June 2021

Amazon is allowing its corporate employees to avail of the work from home option, if their roles permit, till June 2021. Amazon had earlier said...

Recent Comments