MARKET MOVEMENT
Batelco ’ s subsidiary Sure to acquire Airtel-Vodafone in the Channel Islands
Batelco has announced that its subsidiary Sure has agreed to buy Airtel-Vodafone , a mobile network provider located in Jersey and Guernsey , in the Channel Islands .
The merger will trigger significant investment in the Islands ’ digital infrastructure including the introduction of the latest 5G technology to the islands , resulting in the delivery of innovative mobile networks on an accelerated programme to provide high-speed gigabit technology .
Sure is investing in building highquality mobile networks which will improve coverage , value and reliability for customers and complements Sure ’ s fibre networks . The merger supports Sure ’ s strategy to grow in scale and scope , in line with Batelco ’ s international investment aspirations .
“ As part of our International Investments strategy , we continuously seek out opportunities for the growth and development of our overseas businesses ,” said Batelco CEO , Mikkel Vinter .
“ Sure , our subsidiary based in the Channel Islands , has continued to deliver strong performance and the merger with Airtel-Vodafone supports the ambition to grow its mobile networks and deliver new and enhanced digital services , including the latest 5G technology , for its customers across Jersey and Guernsey .”
The proposed merger is subject to regulatory approval in both Guernsey and Jersey .
Mikkel Vinter – Batelco CEO
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HSG Holdings to acquire EMEA hospitality technology provider , Quadriga Systems
With this acquisition , HSG Holding strengthen its position in the hospitality arena as an investment vehicle to support the development of companies within the industry in the post Covid 19 period .
HSG Holding was established to focus on investment opportunities within the hospitality sector at the intersection where the strength of traditional hospitality operations meets with new technologies that can assist in the Digital Transformation of the industry . The company believes in investing over the long-term as it sees great opportunities for growth in the EMEA region and beyond .
HSG Holding has announced it has entered into a definitive agreement for the acquisition of Quadriga Systems Limited ( QSL ), a market-leader in cloud-based IT solutions and infrastructure , in Europe , Africa and the Middle East .
Helping the hospitality industry with its Digital Transformation journey
The Quadriga brand and companies has been a leader for more than three decades as a premier Managed Service Provider built on its Unified Interactive Digital platform operating on wired , wireless and coaxial network medium . It has a vast expertise in network deployment and integration to hotels in more than 100 countries worldwide and providing solutions to over half a billion hotel rooms over the years .
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