Samsung has announced an agreement to “acquire TeleWorld Solutions (TWS), a network services provider headquartered in Chantilly, VA.”
TWS compliments Samsung’s current endeavors, especially as it battles with Huawei for 5G network business. While it is currently in second place, Huawei’s ongoing problems shaking allegations it serves as a conduit for the Chinese government to spy on other countries, provides Samsung with an opportunity to make further inroads. The company sees TWS playing a significant role in those efforts.
“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, Samsung EVP. “Samsung will continue to drive innovation in communications technology, while providing optimization services for network deployments that accelerate U.S. 5G network expansion.”
Shervin Gerami, CEO of TWS, echoed those thoughts: “Everyone at TeleWorld Solutions is excited to be part of the Samsung family. 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 fulfill their needs for network strategy, deployment, and automation.”