JACKSONVILLE, Fla.-Tiger Telematics Inc. said the first phase in the restructuring of its European business is complete, which the company said will help make its business more efficient.
“This restructure was completed to reduce costs and improve our speed in coming to the market with large fleet and rental car providers in London,” said Michael Carrender, the company’s president and chief executive officer. “This restructuring is another step in our core strategy of signing multi-year agreements with wireless carriers and major fleet operators under our fleet service partnership program that enables fleet operators to gain the benefits of telematic products with little or no upfront costs.”
