Indus Towers

Indian Oil Corporation completes second round of investment in Phinergy, bringing its holding in the company to 17%

Retrieved on: 
Wednesday, February 14, 2024
Oxygen, Indian Oil Corporation, Atmosphere, Tata Motors, Indus Towers, TEL, Oil, Maruti Suzuki, Metal, Electricity, Hindalco Industries, Telecommunications, Renewable energy

TEL AVIV, Israel, Feb. 14, 2024 /PRNewswire/ -- Phinergy (TASE: PNRG) - which develops metal-air technology that produces electricity by combining oxygen from the air with metals - is delighted to announce that multinational energy giant, Indian Oil Corporation, has completed its second round of investment in the company in the amount of $12.5 million. This brings Indian Oil's holding in Phinergy to 17%, purchased in two installments for a total of $25 million, based on an average company value of $146 million.

Key Points: 
  • This brings Indian Oil's holding in Phinergy to 17%, purchased in two installments for a total of $25 million, based on an average company value of $146 million.
  • Over the years, Phinergy has established strategic activity in the Indian subcontinent, comprising a comprehensive energy ecosystem and applications in the world of telecom backup power.
  • David Mayer, CEO of Phinergy, says: "Phinergy is consistently moving towards its business goals, while increasing its presence in Israel, Europe and India.
  • We are proud that our partner in India - Indian Oil Corporation - has decided to increase its holding, after years of fruitful cooperation in building a comprehensive ecosystem in the Indian subcontinent.

Indian Oil Corporation completes second round of investment in Phinergy, bringing its holding in the company to 17%

Retrieved on: 
Wednesday, February 14, 2024
Oxygen, Indian Oil Corporation, Atmosphere, Tata Motors, Indus Towers, TEL, Oil, Maruti Suzuki, Metal, Electricity, Hindalco Industries, Telecommunications, Renewable energy

TEL AVIV, Israel, Feb. 14, 2024 /PRNewswire/ -- Phinergy (TASE: PNRG) - which develops metal-air technology that produces electricity by combining oxygen from the air with metals - is delighted to announce that multinational energy giant, Indian Oil Corporation, has completed its second round of investment in the company in the amount of $12.5 million. This brings Indian Oil's holding in Phinergy to 17%, purchased in two installments for a total of $25 million, based on an average company value of $146 million.

Key Points: 
  • This brings Indian Oil's holding in Phinergy to 17%, purchased in two installments for a total of $25 million, based on an average company value of $146 million.
  • Over the years, Phinergy has established strategic activity in the Indian subcontinent, comprising a comprehensive energy ecosystem and applications in the world of telecom backup power.
  • David Mayer, CEO of Phinergy, says: "Phinergy is consistently moving towards its business goals, while increasing its presence in Israel, Europe and India.
  • We are proud that our partner in India - Indian Oil Corporation - has decided to increase its holding, after years of fruitful cooperation in building a comprehensive ecosystem in the Indian subcontinent.

Asia Pacific Telecoms Tower Industry Report 2022-2027 with Telecoms Infrastructure Review & Telecom Towers Transaction Database

Retrieved on: 
Tuesday, November 22, 2022
Torre del Oro, Tower Vision, IBS, ATN, Indus Towers, AB, Beagle Bay Community, Western Australia, MNOS, Telecom, Smart, Tower Bersama Infrastructure, High-pass filter, STP, State, Mobile phone, China Tower, Chen Guodong, American Tower, Telstra

DUBLIN, Nov. 22, 2022 /PRNewswire/ -- The "Asia Pacific Telecoms Tower Industry Report - 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Nov. 22, 2022 /PRNewswire/ -- The "Asia Pacific Telecoms Tower Industry Report - 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • The Asia Pacific Telecom Towers Market Report includes a comprehensive review of the Asia and Pacific regions telecom towers market dynamics, market sizing, market forecasts, analysis, insights, and critical trends.
  • Telecom tower infrastructure is a crucial asset for mobile operators, governments, independent infrastructure tower companies (towercos), and mobile users - with the mobile footprint central to covering its customer base, and the management and operation of towers essential to its cost and network quality performance.
  • The Asia Pacific represents over 70% of the global telecom towers market (3.8m towers) while the Americas have about 400k towers, Europe 600k towers, and Middle East & Africa with about 200k towers.

Asia Pacific Telecoms Tower Industry Report 2022-2027: Market Dynamics, Market Sizing, Forecasts, Analysis, Insights, and Critical Trends - ResearchAndMarkets.com

Retrieved on: 
Friday, November 4, 2022
Commercial Building & Real Estate, Mobile, Wireless, Technology, Construction & Property, 5G, Carriers and Services, Urban Planning, Telecommunications, Internet, Other Construction & Property, IBS, Telecom, STP, Industry, Indus Towers, Beagle Bay Community, Western Australia, High-pass filter, Smart, ATN, Torre del Oro, State, MNOS, AB, Tower Bersama Infrastructure, Tower Vision, Mobile phone, American Tower, Telstra, China Tower, Chen Guodong

The "Asia Pacific Telecoms Tower Industry Report - 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Asia Pacific Telecoms Tower Industry Report - 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • The Asia Pacific Telecom Towers Market Report includes a comprehensive review of the Asia and Pacific regions telecom towers market dynamics, market sizing, market forecasts, analysis, insights, and critical trends.
  • The Asia Pacific represents over 70% of the global telecom towers market (3.8m towers) while the Americas have about 400k towers, Europe 600k towers, and Middle East & Africa with about 200k towers.
  • Tower installations are essential to the functioning of the growing range of wireless communications devices with minimal incremental costs to providing additional capacity.

Worldwide Smart Poles Industry to 2027 - by Component, Facilities and Geography

Retrieved on: 
Monday, July 11, 2022
Geography, City, COVID, Industry, IEA, NDMC, AI, Coronavirus, Climate, EV, Government, Indus Towers, Construction, Sumitomo Corporation, Growth, EVS, Adoption, Television, Renewable energy, Cryptocurrency, Made

Smart poles are advanced street poles that have numerous technologies and smart lightning, creating sustainability and better living facilities.

Key Points: 
  • Smart poles are advanced street poles that have numerous technologies and smart lightning, creating sustainability and better living facilities.
  • The North American and European markets for smart poles are anticipated to hold a dominating share of smart poles owing to the wider adoption of electric vehicles.
  • Moreover, the development of smart cities is also expected to increase the demand for smart poles.
  • The government has sanctioned and invested heavily in the construction of smart cities, creating market opportunities for smart poles.

Cuemath Strengthens Leadership Team Through Key Appointments Ushering in the Next Phase of Growth

Retrieved on: 
Wednesday, December 15, 2021
Technology, Mobile, Wireless, Software, Networks, Other Education, Internet, Primary, Secondary, Data Management, Education, People, Financial management, CTO, People's Office Building, Ecosystem, Chief technology officer, Curriculum, Learning, Mathematics, Growth, CapitalG, Fortis Healthcare, Rights, Genpact, CHRO, Health, KPMG, Ernst & Young, CEO, STEM, Boil, Engineering, CFO, Leadership, HR, Student, Indus Towers, Management

Cuemath , the global math tutoring platform, announced important steps to advance the company into its next phase of growth, including expanding its leadership team and reorganizing the current leadership structure.

Key Points: 
  • Cuemath , the global math tutoring platform, announced important steps to advance the company into its next phase of growth, including expanding its leadership team and reorganizing the current leadership structure.
  • The company will continue to strengthen the team in the upcoming months to further support its growth plan.
  • Janardan has over 20 years of business leadership experience, with expertise in scaling up the edtech sector.
  • About Cuemath: Founded in 2013, Cuemath is an after-school online math and coding program for KG to 12th-grade students.