A crew from Verizon Communications installs 5G mobile network equipment on a tower in Orem, Utah, on December 3, 2019. Photo: ReutersA crew from Verizon Communications installs 5G mobile network equipment on a tower in Orem, Utah, on December 3, 2019. Photo: Reuters
A crew from Verizon Communications installs 5G mobile network equipment on a tower in Orem, Utah, on December 3, 2019. Photo: Reuters

Samsung wins US$6.6 billion 5G Verizon deal while Huawei struggles

  • The Verizon deal marks one of Samsung’s biggest 5G contracts since the Korean electronics giant decided years ago to compete in the telecoms network gear market
  • It comes at time when market leader Huawei is grappling with US trade sanctions and Washington’s effort to get the company shut out of 5G projects around the world

Topic |   Samsung Electronics
A crew from Verizon Communications installs 5G mobile network equipment on a tower in Orem, Utah, on December 3, 2019. Photo: ReutersA crew from Verizon Communications installs 5G mobile network equipment on a tower in Orem, Utah, on December 3, 2019. Photo: Reuters
A crew from Verizon Communications installs 5G mobile network equipment on a tower in Orem, Utah, on December 3, 2019. Photo: Reuters
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