Joint Ventures Reduce the Risk of Major Capital Investments
Harvard Business Review
APRIL 6, 2016
The model can be a win-win as long as the two companies address different customer segments. For example, Lycamobile, a big mobile VNO, focuses on expatriate communities looking for low-cost international pay-as-you-go calls in 19 countries. Another risk is the opportunity cost of not benefiting from lower investment costs.
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