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T-Mobile adds 5 mln customers in 2017, DT to buy more shares

2018-01-09 14:43:00| Telecompaper Headlines

(Telecompaper) T-Mobile US said it added a net 1.9 million new customers in the fourth quarter of 2017, taking its total base to nearly 72.6 million at year-end. Over the full year, the mobile operator gained more than 5 million new customers for the fourth consecutive year. After meeting its FY guidance, the company said its majority shareholder Deutsche Telekom is considering buying more shares in the US operator. 

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Bala Subramanian, Chief Digital Officer at Best Buy, Now on Cars.com Board of Directors

2018-01-08 22:51:07| AutomotiveDigest.com - Automotive Industry News

Bala Subramanian is the chief digital officer of Best Buy, where he also previously served as chief technology officer. His experience in digital transformations and developing best-in-class consumer experiences will be invaluable to Cars.com as they seek to advance emerging strategies that transform the car shopping experience and deliver digital solutions to dealer customers Cars.com CEO Alex Vetter remarked that Subramanian's joining the board at a time when the company is focused on optimizing its strong technology platform and innovating new products and solutions creates meaningful connections between buyers and sellers is significant. Industry observers speculate that this addition to Cars.com board could mean several things including Best Buy migrating its strategy into cross marketing its hi tech hardware and services to Cars.com's vast automotive audience. Some even postulated that Best Buy could buy Cars.com. The fact that Subramanian brings over fifteen years of leadership and management experience in the technology and digital retail fields could also mean that Cars.com seeks to beef up its digital marketing capabilities as competition for car sales increases. Observers noted that Subramanian's background includes building out consumer experiences in competitive environments and high-powered organizations that deliver reliable and highly-scalable solutions. Subramanian is excited about joining Cars.com as the company leverages its well-established digital platform to better connect consumers with local retailers across the country. He noted that Cars.com has accumulated an unmatched amount of industry insight that is a key advantage for the company as it builds relevant, scalable solutions that meet the varying needs of car dealers and buyers alike. He seems to see an evolution of the company's growing car shopping business as industry watchers surmise. The Article Bala Subramanian, Chief Digital Officer at Best Buy, Now on Cars.com Board of Directors appeared first on Automotive Digest.

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Amazon Will Buy Target This Year, Gene Munster Predicts

2018-01-02 17:17:51| National Real Estate Investor

The Internet giant will acquire Target Corp., Loup Venture co-founder Gene Munster wrote in a report highlighting eight predictions for the technology industry in 2018.

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BA owner IAG to buy Austrian airline Niki for 20m

2017-12-29 22:26:00| BBC News | Business | UK Edition

Airline Group IAG is to purchase the insolvent Austrian airline Niki for 20m ($24m).

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Schütz to buy Mexican packaging supplier Envases y Laminados

2017-12-29 18:44:24| Canadian Plastics Headlines

Germany-based packaging supplier Schütz GmbH & Co. KGaA has signed an agreement to acquire Mexican rigid industrial packaging company Envases y Laminados (ELSA) for an undisclosed sum. Under licence agreements, ELSA and Schütz have worked together in Mexico for 20… The post Schütz to buy Mexican packaging supplier Envases y Laminados appeared first on Canadian Plastics.

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