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LONDON-Thursday 17 October 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Logicalis, an international IT solution and managed services provider has announced that effective 1st March 2020, Mark Rogers will transition from his current CEO role to a Non-Executive Director (NED) role, at which point Robert Bailkoski will succeed Mark; Bob, currently COO, joined the company four years ago as CFO.

Mark joined Logicalis 16 years ago and has spent the past 13 years in the pivotal roles of COO and CEO. During this period, the company experienced significant growth, with annual revenues increasing from $0.8bn to $1.7bn and EBITDA from $27m to $93m.

In these roles, Mark has been extensively involved in M&A transactions and has overseen the integration of acquired businesses into the Logicalis Group, which expanded from a 9-country operation in 2007 to 26 countries today.

Under his leadership, Logicalis has fostered a culture of professionalism, enthusiasm, and commi ... Read more »

Views: 116 | Added by: africa-live | Date: 10.18.2019 | Comments (0)

COURBEVOIE, France-Thursday 17 October 2019 [ AETOS Wire ]


(BUSINESS WIRE)-- At a time when demand for metal payment cards increases, IDEMIA, the global leader in Augmented Identity, broadens its existing offer with Smart Metal Art, a new metal payment card range fully suitable for contactless payments. Smart Metal Art comes from the acquisition of X Core’s metal payment card business and associated patents. Smart Metal Art is designed for the dual interface mass affluent market and is already certified by Visa, Mastercard and Amex.

... Read more »

Views: 167 | Added by: africa-live | Date: 10.18.2019 | Comments (0)

Underscoring immediate need for global public-private cooperation to mitigate severe world-wide economic and societal impacts of pandemics


NEW YORK-Thursday 17 October 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- The Johns Hopkins Center for Health Security, with the World Economic Forum and the Bill & Melinda Gates Foundation, will host ... Read more »

Views: 151 | Added by: africa-live | Date: 10.18.2019 | Comments (0)

The upcoming Expo 2020, low-interest rates, sufficient bank liquidity and easy immigration norms further increase real estate demand, says Pantheon Group Founder and Chairman

Dubai, United Arab Emirates, -Sunday 13 October 2019 [ AETOS Wire ]

Industry experts believe that increasing affordability and high rental returns have been wooing more local and foreign investors to the UAE property market for quite some time.

“Dubai and Abu Dhabi offer rental yields more than double of what is offered by established countries across the world,” Kalpesh Kinariwala, the Founder and Chairman of Pantheon Group, pointed out.

According to a report by Moody's Investors Service, the UAE residential demand is expected to be supported by attractive average rental yields ranging between 6 and 7 per cent in the coming months.

Reports also suggest that rental returns in the UAE are more than twice in comparison to rates offered in the far Asian marke ... Read more »

Views: 118 | Added by: africa-live | Date: 10.18.2019 | Comments (0)

U.S. Based and Headquartered Mavenir Challenges the Traditional Network Equipment Vendors with OpenRAN

RICHARDSON, Texas-Thursday 17 October 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Mavenir, a US headquartered Network Software Provider, and the industry's only end-to-end cloud-native vendor for CSPs, has announced the launch and availability of its fully virtualized 4G/5G OpenRAN solution. Operators can evolve their network now to a hardware agnostic, cost effective solution and be ready for 5G with a software upgrade.

Mavenir’s OpenRAN extends virtualization to the edge of the network and provides strategic differentiation by enabling multisource Remote Radio Units (RRUs) to interwork with the virtualized Cloud Base Band software over ethernet Fronthaul (FH), using the O-RAN open interface overcoming the traditional constraints of the proprietary walled garden specifications used by the other traditional equipment vendors. Highlights include:

... Read more »

Views: 127 | Added by: africa-live | Date: 10.18.2019 | Comments (0)

ST. CLAIRSVILLE, Ohio-Thursday 17 October 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- As previously disclosed, on October 2, 2019 Murray Energy Corporation (“Murray Energy” or “the Company”) entered into forbearance agreements with lenders holding in excess of 50% of outstanding loans under its Superpriority Credit and Guaranty Agreement and with lenders holding in excess of 50% of outstanding loans under its ABL and FILO credit facilities. Under the terms of the forbearance agreements, the lenders agreed to forbear from exercising any and all remedies available to them in respect of any event of default ari ... Read more »

Views: 160 | Added by: africa-live | Date: 10.18.2019 | Comments (0)