Zoom Technologies announces strategic plan to acquire U.S.-based businesses The final closing of the sale of the subsidiaries of the company is anticipated to take place within the Q1 with the exception of Profit Harvest which closing occurred as of December 31. In addition, the company will, through Portables Unlimited, its U.S. based subsidiary, continue to operate the exclusive wholesale distributor business for T-Mobile products and services in the United States. The company intends to use the cash proceeds from the sale of the assets to acquire similar businesses in the U.S. to further expand its activities there, including but not limited to the acquisition of additional licensed retail stores that service T-Mobile USA.
News For ZOOM From The Last 14 Days
Check below for free stories on ZOOM the last two weeks.