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Last Trade - 05/07/16

Sector
Telecoms
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £6.25bn
Position in Universe th / 1806

FACTBOX-Deals by major suppliers in the race for 5G

Wed 17th June, 2020 2:41pm
* For a graphic on 5G networks, click on: https://tmsnrt.rs/32tVdMI (updates with recent developments) June 17(Reuters) - Despite coronavirus lockdowns hitting global supply chains and construction projects, telecommunication firms have continued to contract equipment from Chinese technology giant Huawei HWT.UL , Finland's Nokia NOKIA.HE and Sweden's Ericsson ERICb.ST to build fifth-generation technology (5G) networks, which are expected to power everything from high-speed video transmissions to self-driving cars. Smartphone vendor Samsung 005930.KS and chipmaker Qualcomm QCOM.O are among others vying for a slice of the pie. For a graphic on 5G networks, click on: https://tmsnrt.rs/32tVdMI The following are some of the most significant developments and deals clinched by the top three suppliers: HUAWEI HWT.UL June 15 - After blacklisting Huawei last year amid security concerns, the United States confirmed it will amend prohibitions on U.S. companies doing business with the firm, so they can work together to set standards for 5G networks. urn:newsml:reuters.com:*:nL1N2DT1FL In its last business update, the world's largest telecommunications equipment maker said in February it had clinched 91 commercial contracts - despite U.S. security concerns. https://bit.ly/3d4Nuc6 Feb. 19 - Kenya's biggest telecoms operator Safaricom SCOM.NR said it considered awarding a contract to Huawei HWT.UL for its 5G rollout this year. urn:newsml:reuters.com:*:nL8N2AJ3V4 Feb. 13 - Canadian telecom operator Telus Corp T.TO said it would use Huawei in its initial module. urn:newsml:reuters.com:*:nL4N2AD5GR Dec. 2019 - Picked alongside Nokia NOKIA.HE by Telefonica Deutschland O2Dn.DE , even as parent company Telefonica TEF.MC said it would reduce Huawei kit for its core network and move to multiple suppliers. urn:newsml:reuters.com:*:nL8N28Q532 urn:newsml:reuters.com:*:nL8N28L17Z 2019 – Supply agreements with Cambodia, United Arab Emirates telecoms company du DU.DU , Malaysia’s Maxis MXSC.KL , Vodafone Qatar and VIVA Bahrain, a subsidiary of Saudi state-controlled telecoms firm STC 7010.SE . ERICSSON ERICb.ST As of June 17, the Swedish telecom equipment maker has reported 93 5G commercial agreements and 40 live networks across 22 countries. Ericsson almost doubled its global forecast for 5G mobile subscriptions to 190 million by the end of this year, due to faster than expected uptake in China. urn:newsml:reuters.com:*:nL8N2DP0K1 June 12 - The United States is in talks with Brazil and local telecommunications companies on funding the acquisition of 5G gear produced by Ericsson and Nokia. urn:newsml:reuters.com:*:nL1N2DP1FL June 10 - O2 UK picks Ericsson to upgrade existing sites and extend 5G radio access network (RAN) rollout across the country. urn:newsml:reuters.com:*:nFWN2DN06X June 2 - Bell Canada BCE.TO teams with Ericsson, while fellow Canadian telecom firm Telus Corp T.TO picks both Ericsson and Nokia. urn:newsml:reuters.com:*:nL4N2DG2GE June 2 - Telefonica Deutschland O2Dn.DE picks Ericsson to build its German core mobile network. urn:newsml:reuters.com:*:nFWN2DF014 April 29 - China Mobile picks Ericsson to supply 5G components for the second phase of its rollout. urn:newsml:reuters.com:*:nFWN2CH1H0 March 26 - Russia’s MTS MTSS.MM picks Ericsson to improve its existing capacities with 5G-ready equipment. urn:newsml:reuters.com:*:nR4N2B400X March 5 - Sinch SINCH.ST expands an existing partnership into 5G. urn:newsml:reuters.com:*:nFWN2AX0OA Jan. 31 - Orange ORAN.PA selects Nokia and Ericsson to deploy its network in mainland France. urn:newsml:reuters.com:*:nL8N2A02ZM Jan. 15 - Rogers Communications RCIb.TO , using Ericsson technology, starts rolling out its network in some Canadian cities. urn:newsml:reuters.com:*:nL1N29K2CK Jan. 3 - Poland's Cyfrowy Polsat CPS.WA picks Nokia NOKIA.HE and Ericsson for its commercial roll-out. urn:newsml:reuters.com:*:nL8N2CQ5H8 2019 - Wins contracts in Europe with Telecom Italia TLIT.MI , Deutsche Telekom DTEGn.DE , Tele Greenland and Norway's Telenor, after it worked for decade with Huawei on 4G. - Strikes deals with U.S. operators RINA Wireless, U.S Cellular and GCI GLIBA.O ; with Gulf providers including Saudi Telecom Company 7010.SE , Bahrain's Batelco BIFN.UL , UAE's Etisalat ETISALAT.AD , and Qatar's Ooredoo ORDS.QA ; and MTN South Africa. 2017-2018 - Supply deals with T-Mobile US TMUS.O , AT&T T.N , Sprint S.N , Verizon VZ.N , Swisscom SCMN.S and Vodafone concerning 5G networks in Spain, Britain, Ireland and Germany. NOKIA NOKIA.HE As of June 17, Nokia has signed 73 commercial 5G deals worldwide and is powering 23 live networks globally. As well as the above deals with Ericsson, the Finnish firm has signed the following deals as it seeks to accelerate its so-far sluggish shift to 5G. June 15 - China Unicom selects Nokia to supply around 10% of its core network. urn:newsml:reuters.com:*:nL8N2DS1TG March 18 - Chunghwa Telecom picks Nokia for Taiwan launch. urn:newsml:reuters.com:*:nFWN2BB04L March 4-5 - Partnerships with Intel INTC.O and Marvell Technology MRVL.O . urn:newsml:reuters.com:*:nL8N2AY25S urn:newsml:reuters.com:*:nL8N2AX5CB Feb. 10 - Orange Slovensko selects Nokia to prepare its RAN deployment. urn:newsml:reuters.com:*:nFWN2AA0KA 2019 - Partners with Vodaphone Hutchison Australia (VHA), SETAR, Telefonica Deutschland O2Dn.DE , Deutsche Bahn, Spark New Zealand SPK.NZ , DoCoMo Pacific, Iliad ILD.PA , Softbank 9434.T and Austria's A1. 2018 – Signs $3.5 billion deal with T-Mobile US TMUS.O ; agreement with China Mobile 0941.HK to develop networks for industrial uses. <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ What is 5G and what are its security risks? https://tmsnrt.rs/32tVdMI ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Reporting by Charles Regnier and Sarah Morland; Editing by Emelia Sithole-Matarise and Tomasz Janowski) ((charles.regnier@thomsonreuters.com; sarah.morland@thomsonreuters.com))
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