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4-Traders Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Lenovo Group Limited    0992   HK0992009065

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Tigo Business partners Microsoft to support SMEs

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09/30/2016 | 02:30am CEST

Tigo Business, the enterprise arm of Tigo, has partnered Microsoft, Lenovo and IT Worx to support small to medium businesses with relevant connectivity to maximise their operations and boost productivity

Accra, Sept. 29, GNA - Tigo Business, the enterprise arm of Tigo, has partnered Microsoft, Lenovo and IT Worx to support small to medium businesses with relevant connectivity to maximise their operations and boost productivity.

Tigo Business, which offers world-class information and communications technology solutions for corporates and SMEs, would provide the support through an initiative called the 'Tigo Business SME Empowerment Roadshow.'

The partnership brings together an ecosystem of business solution providers ranging from content, connectivity, devices, software and financial expertise to help businesses build solid processes at world class standards and give them a competitive edge both locally and in the sub-region.

Commenting on the partnership, Roshi Motman Chief Executive Officer, Tigo Ghana, said: "We are very excited about this partnership because it's the first of its kind in our market.

"As a telecom business solutions provider, we believe in providing our clients with tools that will make them more efficient, have greater control, and ultimately become more productive."

The motivation behind this partnership was founded on the need to provide a creative alternative to multiple service providers, each offering a plethora of overlapping services to the same business audience.

With the partnership, Tigo intends to develop a one-stop solution for smarter working for SMEs - one that would provide greater cost effectiveness and operational efficiency.

"At Tigo, we are not only interested in providing connectivity, but creating a platform where all the major players who offer solutions to the SME ecosystem can merge and offer a one-stop-shop with tailor made solutions for diverse business needs.

My key message to all SMEs is, you don't need to go to any other provider to take care of your needs. Come to Tigo Business and we will take your business to the next level," Motman added.

Each partner brings an array of expertise to the table. Microsoft would provide access to email, domain names, and basic book keeping tools under the Office 365 services.

Through its subsidiary partners; ITworx, would provide a rich portfolio of enterprise productivity solutions, while Zepto would provide tablets with keyboards for easy use in stores, POS terminals and software solutions specifically designed for the enterprise space by ITWorx.

The Tigo Business SME Empowerment Roadshow will see all member organisations travel around key cities in Ghana to provide content, device and connectivity solutions to SME stakeholders.

The SME Clinic Series provides a very real opportunity to make an impact in developing skills, professionalism and entrepreneurship within the SME community, through the delivery of cutting-edge tools and rich expertise, thus contributing positively to the country's economy.

The Country Manager for Microsoft Ghana, Derek Appiah, noted: "Microsoft's goal is to enable SMEs in Africa to start, grow and accelerate their businesses through affordable access to technology, world-class skills and innovation.

"We aim to help this sector sustain their growth, reach their full potential and turn their ideas into reality via initiatives such as Biz4Afrika - an online hub for SMEs in Africa'.

The Tigo Business SME Empowerment Roadshow would enable SMEs in Ghana to know how to make sense of these solutions for their businesses, have a solid understanding of the local environment and most importantly tap into the power of mobile and cloud technology to increase productivity, communicate and collaborate anytime, anywhere, from any device," Mr Appiah said.

GNA

(c) 2016 Ghana News Agency (GNA) Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2017 43 280 M
EBIT 2017 989 M
Net income 2017 699 M
Debt 2017 1 161 M
Yield 2017 4,01%
P/E ratio 2017 10,34
P/E ratio 2018 9,59
EV / Sales 2017 0,20x
EV / Sales 2018 0,18x
Capitalization 7 362 M
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Mean consensus HOLD
Number of Analysts 28
Average target price 0,74 $
Spread / Average Target 12%
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Yuan Qing Yang Chairman & Chief Executive Officer
Gianfranco Lanci President, Chief Operating Officer & Executive VP
Wai Ming Wong Chief Financial Officer & Executive Vice President
Peter D. Hortensius Chief Technology Officer & Senior Vice President
Qingtong Zhou Chief Information Officer & Senior Vice President
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