Latest news with #globalexpansion
Phone Arena
2 days ago
- Business
- Phone Arena
This MVNO is leveling up international calling by offering local numbers in five new countries
Fonus, a US-based international mobile provider, is expanding its global footprint by adding support for local phone numbers in five additional countries: the United Kingdom (+44), Mexico (+52), Hong Kong (+852), Sweden (+46), and Chile (+56). This marks a shift in how users can stay connected across borders without relying on traditional roaming or juggling multiple SIM cards. Until now, Fonus users were limited to using phone numbers based in the United States and Canada. With this new rollout, users in the seven supported countries can now either get a new local number or port in an existing one. That means travelers, remote workers, and international families now have more flexibility in how they manage their mobile identities, all while using a single SIM or eSIM and Fonus plan. According to the company, this is just the first phase of its global number expansion, as more country support is expected in the coming months. To that, Simon Tian (founder and CEO of Fonus) added: — Simon Tian, founder and CEO of Fonus The new feature is built into the Fonus app and lets users maintain multiple phone numbers from different countries at the same time. Incoming calls and texts will reach the user regardless of which number the sender dialed, and outgoing calls can be made to appear local by simply toggling the selected number in the app. The feature to use a local number is built right into the Fonus app. | Image credit — Fonus Fonus says this feature is especially useful for digital nomads, remote workers, and small businesses that operate internationally. Having a local number can help boost trust with local customers and make communication smoother, particularly in regions where international numbers may be filtered or ignored. The update also includes support for porting in local numbers from the newly added countries, with assistance available 24/7. This makes Fonus one of the few MVNOs focused on removing the friction of global communication by unifying international access under one subscription. As always, we recommend comparing this expansion to other international options from providers like Google Fi. While Fonus offers a more simplified flat-rate experience, some competitors provide broader roaming coverage or data-only plans tailored to frequent flyers. Still, for users who want voice, text, and data across borders without switching numbers, Fonus is shaping up to be a more complete alternative. I find that, for frequent travelers, this move makes a lot of sense. Being able to keep a local number while hopping between countries is a huge convenience — not just for logistics like booking rides or making local calls, but also for staying reachable to contacts without paying roaming fees. It's also less hassle than managing multiple SIM cards or dealing with temporary apps.
Yahoo
2 days ago
- Business
- Yahoo
Delta Air Lines, Inc. (DAL) Expresses Confidence in Future Growth; Reaffirms Full-Year Earnings Guidance
Delta Air Lines, Inc. (NYSE:DAL), considered a cheaply priced stock and a top pick among analysts, is included in our list of the . Chris Parypa Photography / With strong free cash flow, margin discipline, and forward-thinking investments, Delta Air Lines, Inc. (NYSE:DAL) remains optimistic about its future growth outlook. In its earnings call, published on July 11, 2025, Delta Air Lines, Inc. (NYSE:DAL) maintained its full-year 2025 EPS guidance of $5.25 to $6.25, expecting $3 to $4 billion in free cash flow. This supports the company's plan to reduce its debt by $3 billion and increase its dividend by 25%. Meanwhile, the company's diversified, high-margin revenue segments now account for 66% of total revenue. This includes record co-branded card revenue from American Express, which is up 10% YoY. Furthermore, Delta Air Lines, Inc. (NYSE:DAL) eyes future growth with heavy investments in global expansion (e.g., WestJet and IndiGo partnerships), premium cabin growth, AI-powered revenue tools like Fetcherr, and customer experience enhancements such as Delta Concierge. With these growth strategies, Delta aims to broaden its margins and capitalize on evolving travel patterns. With its Airline and Refinery segments, Delta Air Lines, Inc. (NYSE:DAL) offers scheduled air transportation service for passengers and cargo. It is included in our list of cheap travel stocks. While we acknowledge the potential of DAL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 14 Cheap Transportation Stocks to Buy According to Analysts and 10 Cheap Lithium Stocks to Buy According to Hedge Funds. Disclosure: None.
Yahoo
3 days ago
- Entertainment
- Yahoo
Korea's CJ ENM Launches Saudi Arabia Subsidiary in Major Middle East Expansion
K-content powerhouse CJ ENM has established a wholly owned subsidiary in Riyadh, becoming the first Korean entertainment company to set up operations in Saudi Arabia. The new entity, CJ ENM Middle East, marks a significant milestone in what the company has declared its 'first official year of global expansion,' coinciding with the group's 30th anniversary in 2025. 'Establishing a presence in Saudi Arabia allows us to actively engage in emerging global markets and strengthen our global competitiveness,' said Yoon Sang-hyun, CEO of CJ ENM. More from The Hollywood Reporter Julie Pacino on Exploring Female Trauma in Lynchian Feature Directorial Debut 'I Live Here Now' Malcolm Jamal-Warner Drowning Death: Second Swimmer Survived Ordeal Just For Laughs: Tig Notaro, Fortune Feimster, Mae Martin to Receive Best Podcast Award Positioning the Middle East and North Africa (MENA) region as a strategic growth engine, CJ ENM says the subsidiary will facilitate collaborations across music, television, film, and live entertainment — including both scripted and unscripted formats. Plans include localized audition programs built around the company's established creative ecosystem, talent development projects with regional studios, and large-scale K-pop concerts using both CJ ENM's and third-party IP. 'The MENA region, and Saudi Arabia in particular, presents unprecedented potential for cultural and commercial collaboration,' added Hyun Soo Kim, the CJ exec who has been named general manager of CJ ENM Middle East. 'To build strong local networks and ensure stable operations, we are partnering with Sela — Saudi Arabia's leading live events and experiences company — to expand the influence of K-culture.' CJ ENM signed a strategic partnership with Sela in late 2024, building on earlier collaborations with Saudi Arabia's Ministry of Culture (2022) and Manga Productions (2023). The company has also staged consecutive editions of its flagship K-pop fan festival KCON in Riyadh (2022 and 2023), and recently inked a content licensing deal with Shahid, the MENA region's largest local Arabic-language streaming platform, to deliver 20 premium Korean dramas to regional audiences. CJ ENM remains best known to Hollywood as the producer of Oscar-winning Parasite, hit K-dramas like Queen of Tears, and K-pop performance brands including KCON and the MAMA Awards. The group operates production powerhouses including Studio Dragon, Fifth Season, and CJ ENM Studios, as well as Korea's leading streamer, TVING. Amid the ongoing liberalization around entertainment in Saudi Arabia, global entertainment ocmpanies continue to view the country as a key frontier for global growth, eying a population with 62 percent of its consumers under the age of 30 and digitally engaged. The country has invested heavily in cultural development as part of its Vision 2030 national roadmap, making entertainment a strategic pillar of its post-oil economy. CJ ENM says the Riyadh office will serve as a regional hub, working closely with headquarters in Seoul to accelerate content development and partnerships across the MENA region. Best of The Hollywood Reporter How the Warner Brothers Got Their Film Business Started Meet the World Builders: Hollywood's Top Physical Production Executives of 2023 Men in Blazers, Hollywood's Favorite Soccer Podcast, Aims for a Global Empire Solve the daily Crossword
Associated Press
5 days ago
- Business
- Associated Press
ERBESSD INSTRUMENTS Continues Global Expansion
Glens Falls, NY July 25, 2025 --( )-- ERBESSD INSTRUMENTS Opens Sixth Global Office in Colombia August Launch to Deliver Enhanced Support to Regional Distributors and Customers Erbessd Instruments, the global leader in vibration analysis and balancing solutions, today announced the opening of its sixth international office in Colombia, joining its existing locations in Mérida and Mexico City (Mexico), New York (USA), the United Kingdom, and Hyderabad (India).The office is scheduled to begin serving distributors and customers in August 2025, significantly expanding Erbessd Instrument's capacity to support its growing presence throughout Latin America. Located in Barranquilla, the new office will be led by Jairo Enrique Silva, a prominent figure in the region and the longstanding leader of Colombian turbomachinery specialist Colturbinas Ltda. Silva's decades‑long partnership with Erbessd‑Instruments — as a trusted distributor and application expert — uniquely positions him to lead regional operations and foster deeper collaboration with local partners. 'Latin America has always been a cornerstone of Erbessd's global growth,' said Dr. Thierry Erbessd, Founder and President of Erbessd Instruments. Opening our office in Colombia marks an important milestone—not only in expanding our footprint, but in reaffirming our commitment to the region. It reflects our confidence in the local market and in the talented professionals, like Jairo Silva, who have long championed our vision for accessible, high-impact condition monitoring solutions.' Dr. M. David Howard, CEO of Erbessd Instruments - USA, added: 'This new office allows us to provide faster, more personalized support to our distributors and customers throughout Latin America. With Jairo's proven leadership and deep industry experience, we're poised to elevate service, strengthen partnerships, and accelerate the adoption of our EI Series technologies across the region.' Colturbinas Ltda is a respected engineering firm with over 30 years of experience in gas, steam, and hydro‑turbine applications. Silva's selection to head the new office underscores the strategic and trusted relationship between Colturbinas and Erbessd Instruments, particularly in deploying advanced vibration analysis and rotor balancing solutions. Erbessd Instruments is the global leader in machine condition monitoring, vibration diagnostics, and dynamic balancing equipment. With a mission to improve industrial reliability and efficiency, Erbessd supports distributors and end‑users in more than 60 countries through its full suite of condition monitoring, machine health and balancing solutions. For more information: Contact Information: ERBESSD INSTRUMENTS Megh McCane-Howard, CMO 518-874-2700 Contact via Email Read the full story here: ERBESSD INSTRUMENTS Continues Global Expansion Press Release Distributed by
Zawya
23-07-2025
- Business
- Zawya
Desertcart expands sourcing from Korea and Japan
UAE — Desertcart, the leading cross-border e-commerce platform in the Middle East, has expanded its global sourcing network to include South Korea and Japan. With this move, Desertcart has added over 10 million new products to its platform—giving customers across the GCC and beyond access to two of the world's most in-demand markets for beauty, electronics, home, and wellness goods. 'Korea and Japan are global powerhouses when it comes to innovation, quality, and cult-favorite products,' said Rahul Swaminathan, CEO of Desertcart. 'Our goal has always been to bring the world's best products closer to our customers. This expansion is a big step forward in that mission.' The timing aligns with powerful consumer trends: K-Beauty is expected to grow from $14.7 billion in 2024 to $32 billion by 2033, at a CAGR of over 9%, driven by global demand for innovative skincare and cosmetics. Meanwhile, the prestige beauty market in the GCC is growing at 10% year-on-year, reflecting increased spending on premium wellness and personal care. In parallel, Japanese exports to the UAE reached $13 billion, with particularly high demand for consumer electronics, home appliances, and niche wellness products. With direct sourcing from Korea and Japan, Desertcart now offers faster delivery, better pricing, and expanded access to products that were previously difficult to find or overpriced in the region. With Korea and Japan now added to its sourcing portfolio, the company delivers to over 100 countries, reinforcing its position as the region's most comprehensive cross-border e-commerce platform. 'Our expansion into sourcing from Korea and Japan is a strategic response to the accelerating demand we're witnessing in the GCC,' said Miquel Pancorbo, COO of Desertcart. 'By introducing over 10 million new items from these regions, we're not only diversifying our product offerings but also aligning with these significant market trends to better serve our customers. We're giving our customers front-row access to global trends.' About Desertcart Founded in 2014, Desertcart is the Middle East's largest cross-border e-commerce platform, offering access to over 100 million products from around the world. Operating in the UAE, Saudi Arabia, Kuwait, Bahrain, Oman, and Qatar, Desertcart's mission is to make the world's best products accessible to everyone, everywhere.
