FILE PHOTO: The Sprint logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, USA, April 30, 2018. REUTERS/Brendan McDermid
(Reuters) – the U.S. mobile operator Sprint Corp said on Monday it plans to make 5G smartphones with Samsung Electronics Co Ltd in the United States during the summer.
Last month, competitor Verizon Communications Inc. announced similar plans for the first half of the year 2019. 5G can provide for data transfer with speeds up to 50 or 100 times faster than current 4G networks.
As part of the rollout, Sprint plans to nine AMERICAN cities of Atlanta, Chicago, Dallas, Houston, Kansas City, Los Angeles, New York City, Phoenix and Washington, D. C.
Meanwhile, tech giant Apple Inc is going to have to wait until at least 2020 for the release of the 5G’s, iPhones, Bloomberg reported last month, citing sources.
Apple delay makes it easier for Samsung and Verizon to win customers who are eager to connect to 5G networks.
Shares of the company were up 1 percent to $6.28 in morning trading.
Reporting by Vibhuti Sharma in Bengaluru; Editing by Arun Koyyur