The deal will see America Tower Corporation rise to the top 5 players in the African continent, with Kenya alone having 41 million mobile subscribers. The deal appears to be long term cost synergies. On Monday, America Tower Corporation stated it will acquire Telkom Kenya’s transmission towers business for an undisclosed amount. The deal, expected…
Although Chinese military drones look suspiciously similar to U.S. and Israeli ones, drone makers are confident that customers will continue to prefer a reliable strike platform rather than a cheap unreliable ones. A predicted rise in demand for military drones from regions in Asia, the military drone market is gradually leaning towards Chinese drone makers…
Squarely aimed at Apple’s Airpod, GN’s wireless earbuds targets a bigger slice of the $9.6 billion wireless market from its current single digit marketshare. By introducing a new product line that poses a direct challenge to Apple’s Airpods, Denmark’s GN Store Nord appears to be targeting a bigger slice of the growing market for wireless…
While the 1st attack has been linked to North Korea’s spy agency, South Korea’s KISA along with local law enforcement agencies have begun investigating the hack in which 4,000 bitcoins were stolen. On Tuesday, Youbit, a South Korean cryptocurrency exchange disclosed, it was shutting down for bankruptcy following a second hacking attack this year. The…
FlixBus is set to take on its U.S. rivals Greyhound and Megasbus in its bid to expand its services there. On Wednesday, FlixBus, a German long-distance bus firm disclosed its plan of expanding its services to the United States and take on its U.S. rivals, including Megabus and Greyhound. “There is a significant shift in…
An analysis of their expenses show, despite similar spending patterns, GM’s resource management and financial planning strategy has resulted in the company releasing far more new and redesigned vehicles than Ford. Although James Hackett spent the whole of last year strategizing on Ford Motor Co’s long-term self-driving car strategy, in his first week as the…
With its competitors stalling in fear of U.S. sanctions, PSA and Renault in a swift calculated move have grabbed market share in Iran’s booming car market and have secured contracts to boost production deals. French car manufacturing companies such as Renault and PSA have made significant inroads in the Iranian car market. Despite their diminutive…
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