Corporate restructure
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Lenders to troubled African operator Smile Telecoms Holdings have agreed to reschedule its debts for a year. -
Troubled African operator Smile Telecoms Holdings, which has moved to a London mews, is seeking injection of US$51 million in a bid for survival.
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Global Cloud Xchange CEO Carl Grivner has said the company is looking forward to a "new era of growth" having concluded its financial restructuring.
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Colt Technology Services, which earlier this year saw Keri Gilder take the reins as CEO, has implemented a three-year strategy and organisational structure.
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Global Cloud Xchange (GCX) has announced that it will become a standalone company after its Chapter 11 proceedings and after completing the initial phase of its previously announced sale process.
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NTT Corporation – the parent company of NTT Communications – has announced a restructure of its operating units, with a new focus international business.
