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Permira invests in data centre firm Teraco, South Africa

Permira invests in data centre firm Teraco, South Africa

Introduction: European private equity firm Permira invests in Africa with the purchase of data centre services provider Teraco. Features: Teraco is the largest provider of carrier neutral data centre services in sub-Saharan Africa, hopes to tap into rising internet usage and increased data centre.....

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Wananchi Group embarks on Kshs.220 million            network upgrade to meet increasing usage

Wananchi Group embarks on Kshs.220 million network upgrade to meet increasing usage

Wananchi Group’s home entertainment and communication services brand Zuku, has embarked on a major network upgrade that will see the leading home in..

Nine Entertainment and Fairfax Media JV invest      $100 million for StreamCo launch

Nine Entertainment and Fairfax Media JV invest $100 million for StreamCo launch

Project: Nine Entertainment Co. (“Nine”) [ASX:NEC] and Fairfax Media Limited (“Fairfax”) [ASX:FXJ] Joint Venture to launch Australian Subscri..

Nigeria to invest $60bn on digital broadcast.

Nigeria to invest $60bn on digital broadcast.

Introduction : Nigeria would spend over $60 billion transitting from analog broadcast stations to digital stations.The conversion from analog to digi..

Samsung invests $560 million in Vietnam TV production plant

Samsung invests $560 million in Vietnam TV production plant

Introduction : South Korea's Samsung Electronics Co Ltd plans to take up Television production at appliances production complex in Vietnam with $..

Xiaomi Inc invests $1 billion for developing Internet TV Content

Xiaomi Inc invests $1 billion for developing Internet TV Content

Introduction: Chinese smartphone seller Xiaomi Inc plans for extending their video content archive through Internet by investing $1 billion. Xiaomi,..

Huawei plans to invest $10 million for establishing the ecommerce business in Indian smartphone market

Huawei plans to invest $10 million for establishing the ecommerce business in Indian smartphone market

Introduction: Chinese telecom gear and handset maker Huawei is planning to invest $10 million (about Rs 620 crore) in 2015 to beef up its presence in..

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