1 SECURITIES TRADING REACHES MNT 1 TRILLION WWW.MONTSAME.MN PUBLISHED:2026/09/27      2 MINISTRIES MEET ICC DELEGATION WWW.UBPOST.MN PUBLISHED:2026/09/27      3 VERIFICATION DEMANDED OVER CITIZENSHIP OF CONTESTANT REPRESENTING MONGOLIA AT MISS GRAND INTERNATIONAL WWW.GOGO.MN PUBLISHED:2026/09/27      4 ULAANBAATAR DESIGNATES EIGHT SITES FOR AUTUMN TREE PLANTING WWW.GOGO.MN PUBLISHED:2026/09/27      5 OUTSTANDING BANK LOANS RISE 14.3 PERCENT WWW.MONTSAME.MN PUBLISHED:2026/09/24      6 CENTRAL ASIA AND MONGOLIA GROWTH TO REMAIN ROBUST WWW.EBRD.COM PUBLISHED:2026/09/24      7 A NEW OIL STORAGE FACILITY WITH A CAPACITY OF 16,000 CUBIC METERS HAS BEEN PUT INTO OPERATION IN MONGOLIA WWW.OPEN.KG PUBLISHED:2026/09/24      8 RUSSIA, MONGOLIA FORM WORKING GROUP TO EXAMINE FEASIBILITY OF A WESTERN RAIL CORRIDOR WWW.RUSSIASPIVOTTOASIA.COM PUBLISHED:2026/09/24      9 MONGOLIA SUBMITS CANDIDACY FOR UN SECURITY COUNCIL NON-PERMANENT SEAT FOR 2048–2049 WWW.MONTSAME.MN PUBLISHED:2026/09/24      10 ‘GASOLINE DISRUPTION MAY LAST 2 TO 3 YEARS’ WWW.UBPOST.MN PUBLISHED:2026/09/24      ЕРӨНХИЙ САЙД Н.УЧРАЛ ЯПОН УЛСАД АЛБАН ЁСНЫ АЙЛЧЛАЛ ХИЙХЭЭР МОРДЛОО WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/09/27     MININGWEEK 2026: НИЙТ ГАЗАР НУТГИЙНХАА 21 ХУВЬД АШИГТ МАЛТМАЛЫН ЛИЦЕНЗ ОЛГОХ БОЛОМЖТОЙ WWW.GOGO.MN НИЙТЭЛСЭН:2026/09/27     ДҮНЖИНГАРАВЫН УУЛЗВАРТ БОЛСОН ДЭЛБЭРЭЛТИЙН ХЭРГИЙГ НЭМЭЛТ МӨРДӨН БАЙЦААЛТ ХИЙЛГЭХЭЭР ПРОКУРОРТ БУЦААВ WWW.IKON.MN НИЙТЭЛСЭН:2026/09/27     “МОНГОЛЫН НОГООН, ХҮРТЭЭМЖТЭЙ ХОТУУД” ТӨСЛИЙГ ХЭРЭГЖҮҮЛЖ ЭХЭЛЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/09/27     АГААРЫН ТЭЭВРИЙН ХАМТЫН АЖИЛЛАГААГ ӨРГӨЖҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/09/27     26 МЯНГАН ХҮН УРГАЦ ХУРААЛТАД ОРОЛЦОЖ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2026/09/27     ШҮҮХЭЭС НАЙРУУЛАГЧ Б.БААТАРТ ХИЛИЙН ХОРИГ ТАВЬЖЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/09/26     "ХӨРӨНГӨ ОРУУЛАГЧДЫН ГОМДЛЫГ 30 ХОНОГТ ШИЙДВЭРЛЭХ ШИНЭ ЗОХИЦУУЛАЛТ ХЭРЭГЖИЖ ЭХЭЛСЭН" WWW.NEWS.MN НИЙТЭЛСЭН:2026/09/24     “МЯНГАД НАР” 19.8 МВТ-ЫН НАРНЫ ЦАХИЛГААН СТАНЦЫН ГҮЙЦЭТГЭЛ 40 ХУВЬТАЙ БАЙНА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/09/24     ГОВИЙН БҮСЭД ЗАРЛАСАН СЭРГЭЭГДЭХ ЭРЧИМ ХҮЧНИЙ АУКЦИОНД ГУРВАН КОМПАНИЙН ХАМТАРСАН ТҮНШЛЭЛ ШАЛГАРЛАА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/09/24    
Англи амин дэм Монгол улсад албан ёсоор бүртгэгдлээ.

Samsung Elec wins $6.6 billion Verizon order for network equipment www.reuters.com

SEOUL (Reuters) - Samsung Electronics (005930.KS) said on Monday it had won a $6.64 billion order to provide wireless communication solutions to Verizon (VZ.N) in the United States, a major win for the South Korean firm in the next-generation 5G network market.

Samsung’s global prospects for its network business have improved following U.S. sanctions on its bigger rival Huawei, analysts said.

Verizon CEO Hans Vestberg told CNBC in July last year that Verizon does not use any Huawei equipment. Verizon had already been a Samsung customer before the order.

Verizon is believed to be Nokia’s (NOKIA.HE) biggest customer, JP Morgan research said in a July note.

“Samsung winning the order from Verizon would help the company expand its telecom equipment business abroad, potentially giving leverage to negotiate with other countries,” said Park Sung-soon, an analyst at Cape Investment and Securities.

The order is for network equipment, a Samsung spokesman said. The company declined to comment on detailed terms the contract such as the portion of 5G-capable equipment included.

“With this latest long-term strategic contract, we will continue to push the boundaries of 5G innovation to enhance mobile experiences for Verizon’s customers,” Samsung said in a statement.

Samsung said in a regulatory filing the period of the contract, which Samsung’s U.S. unit signed with Verizon Sourcing LLC, is from June 30, 2020 to Dec. 31, 2025.

Samsung had a 3% market share of the global total telecom equipment market in 2019, behind No. 1 Huawei with 28%, Nokia’s 16%, Ericsson’s (ERICb.ST) 14%, ZTE’s (000063.SZ) 10% and Cisco’s (CSCO.O) 7%, according to market research firm Dell’Oro Group.

The Trump administration last month unveiled plans to auction off spectrum previously dedicated to military purposes for commercial use starting in mid-2022, to ramp up fifth-generation network coverage in the United States.

The next-generation 5G wireless network is expected eventually to connect and enable high-speed video transmissions and self-driving cars, among other uses.

Britain in July ordered Huawei equipment to be purged completely from its 5G network by the end of 2027, adding it needs to bring in new suppliers like Samsung Electronics and Japan’s NEC (6701.T).

Samsung Electronics shares rose 2% compared to the wider KOSPI’s 0.5% climb.

Reporting by Joyce Lee and Heekyong Yang; Additional reporting by Hyunjoo Jin; Editing by Muralikumar Anantharaman and Stephen Coates



Published Date:2020-09-07