At a Glance:
- Samsung has signed a multi-year deal for selling the equipment to Dish an upcoming 5G network in the U.S.
- Samsung is now ranked among the top competitor for telecom equipment suppliers Nokia and Ericsson in the U.S. by winning a $6.6 billion deal.
- Dish is building a 5G network using advanced technologies which promise to cut costs and bring new services.
Samsung has signed a multi-year deal for selling the equipment to Dish an upcoming 5G network in the U.S. Since its major Verizon contract in 2020, it is among the largest radio deals for the South Korean Company.
Samsung is now ranked among the top competitor for telecom equipment suppliers Nokia and Ericsson in the U.S. by winning a $6.6 billion deal with Verizon and after the contract with Dish, it will further strengthen its foothold in the industry.
Alok Shah, the VP at Samsung said, “This is a greater than a billion-dollar agreement for Samsung Networks. We will be delivering our first products to Dish later this year.”
Samsung and other suppliers for Dish
Taiwan’s Microelectronics Technology Inc. and Japan’s Fujitsu are the suppliers of 5G radios for Dish.
Dish is building a 5G network using advanced technologies which promise to cut costs and bring new services and has tied up with companies that range from Amazon and Intel to smaller ones such as Altiostar and Mavenir.
It is not a commercial network yet, but it has committed to regulators for covering 20% of the U.S. population by June. By mid-2023, it aims to cover almost 70% of the states. Stephen Bye, the Chief Commercial Officer of Dish, commented, “We have an objective to achieve 20% of population coverage by June and we are well on track to achieve that. We have beta users on our network for some time, testing our network … we just have not declared commercial launch and you will see that in the coming weeks.”
Dish faces supply chain issues
It is trying to set up network infrastructure in several cities but did face supply chain issues that are already hurting the companies across the world. It is going to be tough for a year or 18 months but has the supplies to meet the June coverage target.