Samsung Buys Network Services Provider TeleWorld Solutions to Accelerate U.S. 5G Network Expansion
Samsung has completed an agreement to acquire TeleWorld Solutions (TWS), a network services provider headquartered in Chantilly, VA.
Privately owned TWS provides network design, testing and optimization services to mobile service and cable operators, equipment OEMs and other companies across the U.S.
TWS will operate as a wholly owned subsidiary of Samsung Electronics America, Inc. With competencies in radio frequency (RF) and network design service—as well as installation, testing, and optimization services—TWS will continue to serve its existing customers and clients they currently support with Samsung. The TWS leadership team will continue to manage the business and, together with Samsung, address the network upgrade cycle occurring in the U.S.
“The acquisition of TWS will enable us to meet mobile carriers’ growing needs for improving their 4G and 5G networks, and eventually create new opportunities to enhance our service capabilities to our customers,” said Paul Kyungwhoon Cheun, Executive Vice President and Head of Networks Business at Samsung Electronics. “Samsung will continue to drive innovation in communications technology, while providing optimization services for network deployments that accelerate U.S. 5G network expansion.”
Samsung Networks has collaborated with major U.S. network operators to fulfill 5G’s network expansion.