Samsung completed the acquisition of TeleWorld Solutions.

Samsung Electronics completed the acquisition of TeleWorld Solutions, a network services provider. Financial terms were not disclosed. “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,” Paul Kyungwhoon Cheun, Samsung Electronics Executive Vice President and Head of Networks Business.