{"id":36638,"date":"2020-01-13T09:00:56","date_gmt":"2020-01-13T14:00:56","guid":{"rendered":"https:\/\/news.samsung.com\/us\/?p=36638"},"modified":"2022-06-24T10:58:41","modified_gmt":"2022-06-24T14:58:41","slug":"samsung-acquires-network-services-provider-teleworld-solutions-accelerate-u-s-5g-network-expansion","status":"publish","type":"post","link":"https:\/\/news.samsung.com\/us\/samsung-acquires-tws-teleworld-solutions-network-services-provider-5g-network-expansion\/","title":{"rendered":"Samsung Acquires Network Services Provider TeleWorld Solutions to Accelerate U.S. 5G Network Expansion"},"content":{"rendered":"

\u00a0Combination will help network operators accelerate and simplify rollouts of 5G networks across the U.S.<\/em><\/span><\/h3>\n

\"Teleworld<\/p>\n

 <\/p>\n

Samsung Electronics Co., Ltd. (Samsung) today announced the completion of an agreement to acquire TeleWorld Solutions (TWS)<\/strong><\/a>, a network services provider headquartered in Chantilly, VA<\/span>.<\/span> TWS provide<\/span>s<\/span> n<\/span>etwork design, testing and optimization services to mobile service and cable operators, equipment OEMs and other companies across the U.S. With network builds associated with 5G and 4G LTE enhancements advancing in the U.S, the acquisition will address the need for end-to-end support in delivering network solutions. \u00a0<\/span><\/p>\n\n\t\t<\/div>\n\t\t<\/div>\n\t\t

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TWS, a privately owned company, will operate as a wholly owned subsidiary of Samsung Electronics America, Inc. The service offerings and customers of TWS complement Samsung\u2019s growth among networks infrastructure clients. With competencies in radio frequency (RF) and network design service\u2014as well as installation, testing, and optimization services\u2014TWS 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. \u00a0<\/span><\/p>\n

\u201cThe acquisition of TWS will <\/span>enable us<\/span> to <\/span>meet<\/span> mobile carriers<\/span>\u2019 growing needs <\/span>for improving their 4G and 5G networks, and eventually create new opportunities to<\/span> enhance our service capabilities to<\/span> our customers,<\/span>\u201d said Paul Kyungwhoon Cheun, Executive Vice President and Head of Networks Business at Samsung Electronics.<\/strong> \u201cSamsung will continue to drive innovation<\/span> in <\/span>communications<\/span> technology<\/span>,<\/span> while<\/span> providing optimization<\/span> services<\/span> for<\/span> network deployments that <\/span>accelerate <\/span>U.S. 5G <\/span>network expansion<\/span>.\u201d<\/span><\/p>\n

\u201cEveryone at TeleWorld Solutions is excited to be part of the Samsung family,\u201d said Shervin Gerami, CEO of TeleWorld Solutions.<\/strong> \u201cThe 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.\u201d<\/span><\/p>\n

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Continued growth in mobile usage is driving the need for new spectrum and network densification. Additionally, demand is increasing for network infrastructure, design, deployment and optimization services. This is driven by 5G network builds, network virtualization initiatives, testing and optimization associated with new open RAN architectures\u2014and demand for new enterprise cellular networks. \u00a0<\/span><\/p>\n

With a growing position in the U.S. networks industry, along with its 5G technology leadership<\/a>, Samsung Networks has collaborated with major U.S. network operators<\/a> to fulfill 5G\u2019s network expansion. 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 next-generation demands. <\/span><\/p>\n

For over 40 years, Samsung has had a strong presence in the U.S.<\/a>, investing more than $30 billion and currently employing over 20,000 workers across the country. Samsung has demonstrated the power of 5G with end-to-end solutions from semiconductor<\/a>, mobile phone<\/a> and network infrastructure through U.S. initiatives such as the 5G Innovation Zone<\/a> at their Samsung Austin Semiconductor facility in Texas and a collaboration to create the nation\u2019s first 5G-enabled stadium experience<\/a>. Samsung remains committed to investing in 5G advancement<\/span> and network development across the U.S.<\/span><\/p>\n

About TeleWorld Solutions, Inc.
\n<\/strong>TeleWorld Solutions, Inc. is a network services provider that delivers consulting, design, deployment, testing, optimization, automation, and software development services to mobile service and cable operators, equipment OEMs and other companies across the U.S. TeleWorld Solutions fulfills the full lifecycle of network services across DAS, Macro, Small Cells, 5G, V2X, Satellite, Technology development, IoT, and Enterprise. TeleWorld Solutions has been recognized by Deloitte as a Fast 500 company due to its innovation to our services and continued customer satisfaction. For latest news, please visit TeleWorld Solutions at http:\/\/www.teleworldsolutions.com<\/a>.<\/h6>\n","protected":false},"excerpt":{"rendered":"

\u00a0Combination will help network operators accelerate and simplify rollouts of 5G networks across the U.S.   Samsung Electronics Co., Ltd. (Samsung) today announced the completion of an agreement to acquire TeleWorld Solutions (TWS), a network services provider headquartered in Chantilly, VA. TWS provides network design, testing and optimization services to mobile service and cable operators, […]<\/p>\n","protected":false},"author":84,"featured_media":28931,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17547,29719,17550,29718],"tags":[858,912,23225],"blue-badge":[],"class_list":["post-36638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-product-emerging-technology-5g","category-corporate","category-product-emerging-technology","category-product","tag-5g","tag-acquisition","tag-teleworld-solutions-tws"],"acf":{"turn_off_retargeting":false},"fimg_mobile_url":"https:\/\/img.us.news.samsung.com\/us\/wp-content\/uploads\/2019\/05\/17154558\/5G-MWC-2019-2-07.-Samsung-Booth-overall-e1579274496835.jpg","fimg_url":"https:\/\/img.us.news.samsung.com\/us\/wp-content\/uploads\/2019\/05\/17154558\/5G-MWC-2019-2-07.-Samsung-Booth-overall-e1579274496835.jpg","primary_category":{"term_id":17547,"name":"5G","slug":"product-emerging-technology-5g","term_group":0,"term_taxonomy_id":17547,"taxonomy":"category","description":"","parent":17550,"count":206,"filter":"raw","term_link":"https:\/\/news.samsung.com\/us\/category\/product\/product-emerging-technology\/product-emerging-technology-5g\/","term_path":"product\/product-emerging-technology\/product-emerging-technology-5g"},"badge":"Press Release","_links":{"self":[{"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/posts\/36638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/comments?post=36638"}],"version-history":[{"count":0,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/posts\/36638\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/media\/28931"}],"wp:attachment":[{"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/media?parent=36638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/categories?post=36638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/tags?post=36638"},{"taxonomy":"blue-badge","embeddable":true,"href":"https:\/\/news.samsung.com\/us\/wp-json\/wp\/v2\/blue-badge?post=36638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}