SEOUL — Samsung Electronics has reached an agreement to acquire network services provider TeleWorld Solutions (TWS), in a deal the company says will help its network operator clients to accelerate and simplify rollouts of 5G networks across the U.S.
Headquartered in Chantilly, Virginia, TWS provides network design, testing and optimization services to mobile service and cable operators, equipment OEMs and other U.S. companies. Samsung’s acquisition of TWS will address the need for end-to-end support in delivering network solutions to companies that are building 5G and enhanced 4G LTE networks, says the Samsung news release. TWS will operate as a wholly owned subsidiary of Samsung Electronics America.
With competencies in radio frequency and network design service — as well as installation, testing and optimization services — TWS will continue to serve its existing customers and clients that they currently support with Samsung. The TWS leadership team will continue to manage the business and, together with Samsung, will address the network upgrade cycle occurring in the U.S., Samsung says.
“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, in the news release. “Samsung will continue to drive innovation in communications technology while providing optimization services for network deployments that accelerate U.S. 5G network expansion.”
[Ed. note: It isn’t clear how the TWS acquisition may benefit Samsung’s Canadian clients, such as Videotron who has selected Samsung as its 5G vendor.]
“Everyone at TeleWorld Solutions is excited to be part of the Samsung family,” said Shervin Gerami, CEO of TeleWorld Solutions, in the release. “The advent of 5G and the amount of new spectrum coming into the U.S. market requires scale and innovation for the next generation of wireless technologies. Joining forces with Samsung will accelerate innovation to help our customers fulfil their needs for network strategy, deployment, and automation.”
