Samsung Electronics has completed an agreement to acquire network services provider TeleWorld Solutions (TWS). Headquartered in Chantilly, Virginia, TWS provides network design, testing and optimization services to mobile service and cable operators, equipment OEMs and other companies in the United States. This acquisition is expected to help Samsung address the need for end-to-end support in delivering network solutions aimed at upgrading the 5G and 4G LTE networks, and providing connectivity service advancements in the US. Paul Kyungwhoon Cheun, Executive Vice President and Head of Networks Business at Samsung Electronics, said, “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. Samsung will continue to drive innovation in communications technology, while providing optimization services for network deployments that accelerate US 5G network expansion.” Under the agreement,…
Latest Posts:
- Darryll Dewan Unveils Top Data Center Trends for 2024
- Telecom Operators Leverage Satellite Tech for 5G Expansion, Market Growth Yet to Surge
- Web O.No: Metaverse and Web 3.0 Stunted by Internet Chaos, Warn 87% of Business Leaders
- Nokia to Deploy First 5G Standalone Network in Uzbekistan
- Navigating US Senate Regulations: TikTok’s ByteDance Dilemma
- Unraveling the Impact of KKR’s Acquisition on Italy’s Telecom Sector
- Vodafone Launches Scam Signal API to Combat Impersonation Fraud
- DIDWW expands its Emergency Calling services to the Czech Republic, Switzerland and Hong Kong
- Macquarie Explores Exit as Competition Intensifies in UK Altnet Market
Tag