Article 4XV5R Samsung acquires TeleWorld Solutions to help build 5G infrastructure

Samsung acquires TeleWorld Solutions to help build 5G infrastructure

by
Brian Heater
from Crunch Hype on (#4XV5R)

Samsung this morning announced that it has completed the acquisition of TeleWorld Solutions. The Virginia-based telecommunications company provides wireless networking and consulting services. It's TWS's 5G solutions that Samsung is clearly the most interested in as part of this deal.

The electronics giant says it plans to leverage TWS's services to help U.S.-based networks build out the next generation wireless.

"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 EVP Paul Kyungwhoon Cheun said in a release. "Samsung will continue to drive innovation in communications technology, while providing optimization services for network deployments that accelerate U.S. 5G network expansion."

The deal will make TWS a wholly owned subsidiary of Samsung, allowing the brand to continue to offer its consulting services to existing clients. That last bit is important, so as to not leave companies in a lurch over the course of the next year, as 5G becomes an increasing focus beyond just smartphone connectivity.

Techcrunch?d=2mJPEYqXBVI Techcrunch?d=7Q72WNTAKBA Techcrunch?d=yIl2AUoC8zA Techcrunch?i=sXkJ_KpvL2s:sgoZooQPLbg:-BT Techcrunch?i=sXkJ_KpvL2s:sgoZooQPLbg:D7D Techcrunch?d=qj6IDK7rITssXkJ_KpvL2s
External Content
Source RSS or Atom Feed
Feed Location http://feeds.feedburner.com/TechCrunch/
Feed Title Crunch Hype
Feed Link https://techncruncher.blogspot.com/
Reply 0 comments