Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  KOREA EXCHANGE  >  Samsung Electronics Co Ltd    005930   KR7005930003

SAMSUNG ELECTRONICS CO LTD

(005930)
  Report  
SummaryNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Vodafone launches 5G in Germany, challenges D.Telekom on price

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/16/2019 | 09:18am EDT
Logos of 5G technology and telecommunications company Vodafone

FRANKFURT (Reuters) - Vodafone said on Tuesday it was launching 5G services in Germany, taking on Deutsche Telekom by offering cheaper deals and reaching more cities than the market leader that went live last week.

Vodafone, which has already launched limited 5G services in its British home market, is switching on 5G antennae in 20 German towns and cities - a figure that Deutsche Telekom only expects to reach next year.

It will offer new 5G deals for smartphone users starting at 14.99 euros (£13.54) per month for the first year. Its unlimited 5G data plan costs 80 euros, less than Deutsche Telekom's own deal at 85 euros.

"We are democratising 5G," Vodafone's Germany chief Hannes Ametsreiter said in a statement. "With us, 5G isn't just a technology only for high earners."

Networks running on 5G offer much faster download speeds than existing 4G services, while latency - or reaction time - is reduced to milliseconds. That can power multi-player video games or devices and sensors connected to the industrial internet.

Vodafone said its 5G services would actually be available to consumers faster than Deutsche Telekom's, with existing customers able to switch plans from Wednesday at a monthly cost of 5 euros or, for some high-end tariffs, for free.

It is also marketing 5G-enabled smartphones, offering the Huawei Mate 20 X 5G from Wednesday and Samsung's Galaxy S10 5G to follow, as well as the Gigacube 5G home router from Huawei.

Vodafone, like other German network operators, continues to rely on network gear from Huawei, the Chinese technology giant that has been sanctioned by the United States because of perceived security risks.

The company will continue to pursue a dual vendor strategy for its networks, using Huawei and Sweden's Ericsson, a spokesman said.

Vodafone's 5G network will cover 25 cities, 25 municipalities and 10 industrial parks by the end of this year. It will reach 10 million users by the end of 2020, and 20 million by the end of 2021, the company said.

(Reporting by Douglas Busvine, editing by Louise Heavens)

Stocks mentioned in the article
ChangeLast1st jan.
1&1 DRILLISCH 2.29% 24.98 Delayed Quote.-43.87%
DEUTSCHE TELEKOM AG -0.36% 14.826 Delayed Quote.0.04%
ERICSSON AB -2.58% 78.48 Delayed Quote.4.57%
SAMSUNG ELECTRONICS CO LTD End-of-day quote.
TELEFONICA DEUTSCHLAND HOLDING -0.40% 2.216 Delayed Quote.-35.17%
UNITED INTERNET 1.01% 29.04 Delayed Quote.-23.98%
VODAFONE GROUP PLC -0.61% 149.9 Delayed Quote.-1.53%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SAMSUNG ELECTRONICS CO LTD
12:43aXiaomi banks on phone data for finance play in India
RE
08/22ASIA MARKETS: Asian Markets Mixed; Hong Kong Rattled By Continued Protests
DJ
08/22SAMSUNG ELECTRONICS : South Korea's top court to rule on Samsung heir's bribery ..
RE
08/22SAMSUNG ELECTRONICS : South Korea's top court to rule on Samsung heir's bribery ..
RE
08/22PLAY, CAPTURE, SHARE : Meet the New Galaxy A50s and A30s
PU
08/22SAMSUNG ELECTRONICS : 1st import of chemical under Japan's new rules arrives in ..
AQ
08/22Fitbit targets 1 million new users with Singapore government tie-up
RE
08/21SAMSUNG ELECTRONICS : Sleek, slim and incredibly smooth, the new Galaxy Note10+ ..
AQ
08/21APPLE PLANS TO TAP CHINA'S BOE TECHN : Nikkei
RE
08/21SAMSUNG ELECTRONICS : at risk of losing its semiconductor leadership, says repor..
AQ
More news
Financials (KRW)
Sales 2019 229 045 B
EBIT 2019 26 684 B
Net income 2019 21 049 B
Finance 2019 90 542 B
Yield 2019 3,30%
P/E ratio 2019 13,9x
P/E ratio 2020 10,8x
EV / Sales2019 1 280x
EV / Sales2020 1 199x
Capitalization 293 169 B
Chart SAMSUNG ELECTRONICS CO LTD
Duration : Period :
Samsung Electronics Co Ltd Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 39
Average target price 54 548,24  KRW
Last Close Price 44 050,00  KRW
Spread / Highest target 47,6%
Spread / Average Target 23,8%
Spread / Lowest Target -2,38%
EPS Revisions
Managers
NameTitle
Hyun-Suk Kim Co-President, Co-CEO & Director
Dongjin Koh Co-President, Co-CEO & Director
Kinam Kim President, Co-CEO & Director
Tae Moon Roh Co-President & Head-Research & Development
Sang-Hoon Lee Chairman
Sector and Competitors
1st jan.Capitalization (M$)
SAMSUNG ELECTRONICS CO LTD246 177
APPLE34.69%960 958
XIAOMI CORP--.--%27 373
MEITU INC--.--%1 077
MERRY ELECTRONICS CO LTD--.--%1 004
FITBIT INC-36.82%780