Samsung acquires network services provider TWS; SK-Telecom launches Global MEC Task Force

1.  Samsung Acquires Network Services Provider TeleWorld Solutions to Accelerate U.S. 5G Network Expansion

Samsung Electronics Co., Ltd. today announced the completion of an agreement to acquire TeleWorld Solutions (TWS), a network services provider headquartered in Chantilly, VA.

Teleworld Logo

TWS provides network 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.

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’s growth among networks infrastructure clients. With competencies in radio frequency (RF) and network design service—as well as installation, testing, and optimization services—TWS 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 US.

With a growing position in the US networks industry, along with its 5G technology leadership, Samsung Networks has collaborated with major U.S. network operators to fulfill 5G’s 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.

https://news.samsung.com/us/samsung-acquires-tws-teleworld-solutions-network-services-provider-5g-network-expansion/

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2.   SK Telecom Joins Forces with Bridge Alliance Members for Cooperation in 5G MEC

SK Telecom today announced the launch of the ‘Global MEC Task Force’ with Bridge Alliance member operators, including Singtel, Globe, Taiwan Mobile and PCCW Global, for cooperation in 5G mobile edge computing (MEC).

SK Telecom will share its lessons-learned in 5G and MEC areas with other members that are preparing to launch 5G, while making joint efforts for the development of MEC technologies and services. The company will also play a leading role in setting international MEC standards to build an interoperable MEC platform.

MEC is being highlighted as a key technology that can improve the performance of ultra-low latency services such as cloud gaming, smart factory and autonomous driving by creating a shortcut for mobile data communications.

Through the task force, SK Telecom expects to lead the expansion of the 5G MEC ecosystem to the Asian countries, and develop valuable overseas market opportunities for its 5G technologies/services including MEC.

As the first chair of the task force, SK Telecom will be hosting the first MEC workshop with Bridge Alliance from January 13 to 15 at its headquarters located in Seoul, Korea. The workshop will identify potential regional MEC-based use cases, and discuss business models and commercialization plans.

The company will introduce its 5G strategies, 5G MEC-based use cases including smart factory, and 5G clusters including ‘LoL Park.’

“As the global 5G pioneer, SK Telecom is committed to contribute to the expansion of the global 5G ecosystem,” said Lee Kang-won, Vice President and Head of Cloud Labs of SK Telecom. “SK Telecom will work closely with Bridge Alliance Member Operators to help accelerate their progress in 5G and MEC, and create a pan-Asian 5G MEC ecosystem.”

“As the role of telecommunications companies is expanding beyond simply providing mobile connectivity to offering new values based on infrastructure, Bridge Alliance believes that this cooperation will serve as a key driver for realizing win-win business opportunities to all members,” said Ong Geok Chwee, CEO of Bridge Alliance.Photo: (from left) Ha Min-yong, VP and Head of Global Alliance Group, SK Telecom, Ong Geok Chwee, CEO of Bridge Alliance, and Lee Kang-won, VP and Head of Cloud Labs, SK Telecom.

For more information, please contact skt_press@sk.com or sktelecom@bcw-global.com

https://www.sktelecom.com/en/press/press_detail.do?page.page=1&idx=1439&page.type=all&page.keyword=

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