Oneul ENM Achieves 5G Antenna Supply Milestone for Paris and Rome Subways... Key Role in EU Railway Digital Transformation

On September 25, Oneul ENM announced that it is expanding its achievements in the European railway 5G infrastructure market.

The company has completed the supply of 5G antennas for subway tunnels in Paris, France, and its railway project in Rome, Italy, is set to begin in earnest from the third quarter.

This supply achievement goes beyond a simple technology delivery and is directly connected to the Future Railway Mobile Communication System (FRMCS) transition project being promoted by the European Union. The global network expenditure for FRMCS-based systems is estimated at around 1.2 billion dollars between 2024 and 2027, with annual growth expected to exceed 23 percent.

With this entry into the European market, Oneul ENM is expected to further increase the contribution of its antenna business to total revenue. Currently, the antenna segment accounts for more than 96 percent of the company’s total revenue, and it is expected to generate over 6 million dollars this year from the AT&T 5G project, the largest telecommunications company in North America.

In addition, with the addition of European subway and railway projects, analysts predict that global antenna sales could expand to an annual level of approximately 13 billion won in the short term.

From a financial perspective, this project ensures long-term profitability, as the unique characteristics of subway and tunnel environments create inevitable demand for regular device replacement and maintenance.

Industry experts forecast that, since Oneul ENM has secured early references in Paris and Rome, if it expands its bidding opportunities to railway networks in Germany, Spain, and Eastern Europe, it could achieve an additional annual growth rate of 15 to 20 percent.

A company representative stated, “Entering the European railway market is more than just participating in projects-it is a strategic move to secure sustainable revenue streams and strengthen financial soundness in the global 5G special antenna market,” adding, “We will demonstrate clear competitiveness in the European FRMCS market in the future.”