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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

For example, Lycamobile, a big mobile VNO, focuses on expatriate communities looking for low-cost international pay-as-you-go calls in 19 countries. For example, in 2015, Maersk and MSC, the world’s two largest liner shipping companies, established 2M, a 10-year vessel sharing agreement covering 193 vessels.