Samsung to buy US network service provider to expand 5G infra

Seoul: Samsung Electronics Co. said on Tuesday it will acquire US network service provider TeleWorld Solutions (TWS) Inc. to better provide 5G infrastructure and solutions.

Under the deal, TWS will be a wholly-owned subsidiary of Samsung Electronics America Inc, according to the South Korean tech giant. Samsung didn’t reveal the value of the acquisition deal, Yonhap news agency has reported.

TWS, based in Chantilly, Virginia, specialises in network design, testing and optimisation services to mobile service and cable operators.

Samsung said that the acquisition will allow it to deliver end-to-end solutions, from semiconductors and mobile phones to network infrastructure, amid rising demand for 5G infrastructure and 4G LTE enhancement in the US.