Samsung Wins 4G Deals as It Seeks Network Gear Expansion
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Samsung Electronics Co., the world’s second-largest mobile-phone maker, won two contracts to sell gear for fourth-generation wireless service in the U.S. as it seeks to gain share in the market for network equipment.
The company gained orders from “top” and “mid”-tier U.S. mobile-phone operators, I.P. Hong, head of the marketing group at Samsung’s network-equipment business, said today in an interview in Seoul, declining to provide further details. An official announcement will be made around May, he said.