Samsung, the South Korean electronics conglomerate, has completed the acquisition of TeleWorld Solutions (TWS), a network service provider from Chantilly, VA, to accelerate its 5G expansion plan in the US.
The acquisition also aims to address the need for end-to-end support in network solutions and LTE advancements in the country.
Mobile consumption is experiencing a continuous growth, thus driving the need for new spectrum and network densification. Furthermore, the advent of 5G will lead to more demand in 5G network infrastructures, network virtualisation initiatives, testing and optimisation associated with new open RAN architectures –
and demand for new enterprise cellular networks.
As its growth continues through network operator agreements and enterprises seeking their own cellular networks, the combination of Samsung and TWS will help customers address a range of next-generation demands.
Operating as a wholly-owned subsidiary of Samsung Electronics America, Inc, TWS will complement Samsung’s growth among the network infrastructure segment. With competencies in radio frequency (RF) and network design service – as well as installation, testing, optimisation services – TWS will continue to serve its existing customers and clients.
The TWS leadership team will continue to manage the business and, along with Samsung, address the network upgrade cycle occurring within the US.
“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.
Cheun added: “Samsung will continue to drive innovation in communications technology while providing optimisation services for network deployments that accelerate 5G network expansion in the US.”