Latest news with #Likewize
Cision Canada
4 days ago
- Business
- Cision Canada
DR. PHONE FIX ENTERS INTO NATIONAL REPAIR AGREEMENT WITH LIKEWIZE, A GLOBAL INSURANCE PROVIDER FOR DEVICE PROTECTION
/NOT FOR DISTRIBUTION IN THE USA./ TORONTO, June 18, 2025 /CNW/ - Dr. Phone Fix Canada Corporation ("Dr. Phone Fix" or "Company")(TSXV: DPF) announced today that it has entered into a national repair agreement with Likewize, a global leader in device protection and insurance, operating in over 30 countries. Dr. Phone Fix is recognized by the Financial Times as one of North America's fastest-growing companies, with 35 locations in 23 cities across four provinces. Under the agreement, Canadians who are insured by Likewize and have a broken or damaged phone can now have it repaired at any Dr. Phone Fix store. "Canadians break as many as 600 phones per hour, and when that happens, they're disconnected from banking, entertainment, communication, and more," said Dr. Phone Fix CEO, Piyush Sawhney. "If they've insured their device through Likewize, they can now have it repaired by any Dr. Phone Fix store near them — a Canadian industry leader known for fast, trustworthy, reliable service." Likewize Canadian President, Ron Cihocki commented, "This agreement is an exciting step forward in our mission to make every tech problem painless. By adding Dr. Phone Fix locations to our repair network, we're making it easier and more convenient than ever for customers to get their phones fixed and back online." Sawhney added, "In just six years since we opened our first store, we've repaired tens of thousands of devices and built a reputation we're proud of. More than 29,000 customers have left positive online reviews, praising our knowledgeable and friendly technicians, our strong parts supply chain, and our ability to complete most repairs in less than an hour." About Likewize Founded in 1997 and headquartered in Dallas, TX, Likewize operates in 30 countries and is trusted by many of the world's largest brands, including telecoms, financial institutions, and retailers. The company manages over 250 million device issues annually and provides a comprehensive range of services, including warranties, repairs, upgrades, and premium technical support. For more information visit About Dr. Phone Fix DPF is an award-winning, eco-friendly, customer-centric growth leader in Canada's cell phone and electronics repair and pre-owned resale industry. Founded in 2019, DPF operates a nationwide network of 35 corporately owned cell phone and electronics repair stores. In addition to its repair services, DPF sells certified pre-owned devices and a wide selection of accessories. DPF has well-established networks to acquire and resell a wide variety of used and refurbished electronic devices from certified vendors. Dr. Phone Fix is traded on the TSX Venture Exchange under the symbol "DPF" For more information visit NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. Cautionary Statement Regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information can be identified by words such as: "intend", "believe", "estimate", "expect", "may", "will" and similar references to future periods. Examples of forward-looking information include, among others, the future plans of the Company, the expected trading date of the Resulting Issuer Shares on the TSXV, as well as information relating to the Company. Although the Company believes that, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks (i) that the future plans of the Company may differ from those that currently are contemplated; and (ii) that the expected trading date of the Resulting Issuer Shares may change. Additional risks include those disclosed in the Filing Statement, which are incorporated herein by reference and are available through SEDAR at The forward-looking statements contained in this news release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.
Gulf Business
5 days ago
- Business
- Gulf Business
Basatne MENA, Likewize launch smartphone subscription programme
Image: Supplied Basatne MENA, the regional arm of global circular economy leader Basatne, has partnered with Likewize, the global provider of device lifecycle services, to launch 'Upgrade & Protect' — an innovative subscription-based smartphone programme. Upgrade & Protect introduces a flexible, monthly subscription model that allows users to upgrade, swap, or protect their smartphones at any time. With more than 50 million active devices and smartphone replacement cycles averaging 12–18 months, the programme is designed to offer greater value and convenience to consumers while unlocking new recurring revenue streams for telecom operators. Smartphone programme to reduce waste 'This partnership with Likewize marks a pivotal evolution in device ownership across the Middle East,' said Mahmoud Abusway, CCO of Basatne MENA. 'By embedding circular economy principles into the telco model, 'Upgrade & Protect' delivers a flexible, sustainable solution that reduces waste, maximises asset value, and transforms the device lifecycle for both consumers and operators.' The launch is timely as GCC governments push toward net zero goals, digital sustainability, and green transformation. The programme aligns with the UAE's Net Zero by 2050 Strategy and the GSMA's Circular Economy for Mobile Devices initiative, promoting a regenerative and tech-enabled consumption model. The platform is supported by Ardroid's AI-powered reverse logistics engine, and Likewize's global telco operations expertise. Together, they create a fully integrated circular ecosystem covering device collection, grading, refurbishment, resale, and recycling. Likewize brings a turnkey solution for telcos, enabling risk-free operations with measurable returns — financial and environmental. The scalable model is designed to help operators meet both business growth and ESG performance mandates.
Zawya
6 days ago
- Business
- Zawya
Basatne MENA and Likewize launch region's first subscription-based handset program: ‘Upgrade & Protect'
Dubai, United Arab Emirates – In a landmark partnership set to reshape the region's telecom landscape, Basatne MENA, the regional arm of global circular economy leader Basatne, has partnered with Likewize, the global leader in device lifecycle services, to launch 'Upgrade & Protect', the Middle East's first subscription-based smartphone program designed to combine sustainability, flexibility, and seamless user experience. With smartphone users in the GCC replacing devices every 12–18 months and over 50 million active handsets in circulation, 'Upgrade & Protect' transforms traditional instalment plans into a dynamic monthly subscription that empowers consumers to swap, upgrade, or protect their devices anytime. For telcos, the model unlocks new recurring revenue streams while aligning with growing ESG mandates. This innovation arrives at a pivotal time, with UAE and GCC markets moving rapidly toward Net Zero and green digital transformation. The program aligns closely with the UAE's Net Zero by 2050 Strategy and the GSMA's Circular Economy for Mobile Devices initiative, supporting a shift away from linear consumption toward a more regenerative, technology-enabled future. An Integrated Ecosystem Powering Circular Innovation'Upgrade & Protect' is enabled by Basatne's regional infrastructure, combining the power of Cartlow's re-commerce and trade-in platform with Ardroid's AI-powered reverse logistics engine. Together, they provide telcos with a complete circular framework, from seamless device collection and grading to resale, refurbishment, and responsible recycling. Likewize brings its global expertise to ensure scalability and telco readiness. Its risk-free operational model gives mobile operators access to a full turnkey solution with measurable economic returns and environmental impact. The Market Opportunity The GCC is primed for the shift to device-as-a-service models: Smartphone penetration exceeds 90% across GCC markets. Handset replacement cycles average 12–18 months, creating strong upgrade demand. The global device subscription market is projected to exceed USD 25 billion by 2027. By 2026, 5G adoption is expected to cover 73% of GCC mobile subscriptions. The regional smartphone market is forecasted to grow from 60 million units in 2024 to nearly 99 million by 2033. ' Our partnership with Likewize marks a pivotal evolution in device ownership across the Middle East,' said Mahmoud Abusway, Chief Commercial Officer of Basatne MENA. 'By embedding circular economy principles into the telco model, 'Upgrade & Protect' delivers a flexible, sustainable solution that reduces waste, maximises asset value, and transforms the device lifecycle for both consumers and operators.' With this program, Basatne MENA and Likewize are setting a new benchmark for telecom innovation in the region, one that blends sustainability, digitisation, and consumer empowerment. 'Upgrade & Protect' is not just a service; it represents a shift in how the region thinks about technology ownership and circular value creation. About Basatne Basatne is a global leader in circular technology, sustainable trade solutions, and reverse logistics, dedicated to reshaping the future of commerce. Through proprietary platforms, advanced logistics, and strategic partnerships, Basatne extends product lifecycles, reduces environmental impact, and optimizes global supply chains. Operating across six continents, Basatne is committed to delivering smarter, more responsible trade solutions while driving innovation in the circular economy. For more information, visit
Techday NZ
05-05-2025
- Business
- Techday NZ
Likewize acquires Speedperform to boost AI tech support services
Likewize has acquired Speedperform, a provider of artificial intelligence-driven customer support solutions, expanding its reach and enhancing its technical support capabilities. By purchasing Speedperform, Likewize aims to strengthen and broaden its portfolio in device setup, troubleshooting, and optimisation, integrating Speedperform's AI technology and Microsoft GenAI tools into its offerings. According to details shared by the company, the integration will focus on delivering more intelligent self-service solutions, faster resolution times, and greater personalisation in the customer experience. Speedperform specialises in supporting clients in the telecom and technology sectors by developing software and creating support content that addresses complex support requirements. The company's customer base includes global brands across Europe, Asia Pacific, Africa, and Latin America. Established in 1997 and based in Dallas, Likewize supports over 250 million device issues per year, working with clients from the telecommunications, financial, and retail sectors. Its services cover product warranties, repairs, upgrades, and premium technical support, and it currently operates in more than 30 countries. Ryan O'Hara, Chief Executive Officer of Likewize, said, "This acquisition of Speedperform marks an exciting new chapter for Likewize as we continue to expand our capabilities and deliver cutting-edge solutions to our clients and their customers. Speedperform's expertise fits seamlessly with our strategic vision to make tech problems painless. Together, we'll be able to offer even more solutions to our clients while extending our reach into new markets." Thomas Thrane, Chief Executive Officer of Speedperform, stated, "This partnership with Likewize is fundamentally about delivering greater value and deeper support for our customers. It will enable our clients to support their customers at every stage of their tech's lifecycle—from buying their device, protecting and repairing it, to helping them upgrade when the time comes. Consumers typically use only around 40% of their device's full potential, so our goal is to help them get the most from their technology." The acquisition comes after private equity firm Genstar Capital became the majority shareholder in Likewize, backing the company's recent expansion initiatives. The company said Genstar Capital's support, combined with Speedperform's AI capabilities, would allow it to enhance customer experiences and help clients establish stronger connections with end users. Neither Likewize nor Speedperform disclosed the financial terms of the transaction. The agreement is expected to combine the resources and expertise of both companies to address a broader array of customer support challenges globally.
