Deutsche Telekom AG (DTE), Germany’s biggest phone company, agreed to fully take over its Czech phone unit from investors including Mid Europa Partners LLP, according to the private-equity firm. The owner of the T-Mobile brand will pay 828 million euros ($1.1 billion) for a remaining stake of 39.2 percent from […]
Capital Market
Lenovo to Expand in West Africa as Smartphones Debut in Nigeria
Lenovo Group Ltd. (992), the world’s largest maker of personal computers, plans to expand its smartphone business in three west African countries this year as it builds on a surge in demand in Nigeria. The company will start selling models of data-enabled phones including the Vibe X and S930 in […]
Nigeria Housing Shortage Rising With Slum Demolition: Mortgages
Esther Macully used all of her five-foot frame to face down a bulldozer and save her freezer from being destroyed as a wrecking crew guarded by armed security forces razed her home in Nigeria’s Badia East slum. While she salvaged the cooler, the 40-year-old is still waiting for the Lagos […]
