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Wireless

EcoRenew buys UK phone recycyling specialist Mazuma Mobile

Wednesday 17 January 2018 | 11:14 CET | News
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EcoRenew, a global mobile software specialist, has acquired UK mobile phone recycling company Mazuma Mobile, Mobile News reported. The deal is expected to strengthen EcoRenew's presence in the second-hand device process market and to bring USD 45 million (GBP 33.3 million) in revenues, when added to the company's acquisition of ICT Reverse in November. EcoRenew said it wants to achieve revenues of USD 300 million (GBP 221.8 million) by the end of this year and USD 500 million within two years.

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Categories: Mobile & Wireless
Companies: Mazuma Mobile
Countries: United Kingdom / World
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