• HSBC

Axiom may act as mobile virtual network operator

  • United Arab Emirates: Thursday, May 07 - 2009 at 11:54
  • PRESS RELEASE

The CEO of Axiom Telecom, Faisal Al Bannai, has said that his company has developed "60% of the setup and proposition required to launch an MVNO operation, the balance can be finalized based on the type of deal signed with the operator".

MVNOs are a novel retail concept in which sizeable global retail brands sell GSM cards in partnership with existing GSM operators.

Industry experts say that brand awareness, number of distribution points, handset capability, and content are the key pillars enabling a retailer to become a MVNO.

GSM operator interest in MVNOs is that they benefit from overnight, exponential expansion in the number of retail outlets at which consumers can purchase mobile subscriptions of various kinds.

"GCC mobile consumers want a few main things from their mobile experience: convenience, simplicity, and style," said Al Bannai, "and MVNOs bring enormous convenience and simplicity at no additional cost to customers."

At present Axiom Telecom is exploring opportunities with GSM operators in the UAE, Saudi Arabia, and Kuwait, while India offers huge potential.

"We are currently exploring business models with different regional operators, and they are quite serious about the concept. Axiom Telecom is fully prepared to move quickly in any of the key markets which have been identified,"


added Al Bannai.

Earlier this month Axiom Telecom confirmed that it is to open 135 new retail points in the Middle East and Southwest Asia, predominantly in India and Saudi Arabia, pushing its total number of retail points in the region past the 900 mark.
Faisal Al Bannai.
Faisal Al Bannai.
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About Axiom
Established in 1997 by Faisal Al Bannai, Axiom is committed to offering the best value for money to its customers, along with genuine service and the most attractive incentives. Today, besides its own branded outlets, Axiom owns and operates stores through partner arrangements in the UAE with major retailers and petrol service stations. In December 2005, TECOM a member of Dubai Holding acquired a 40% share of the telecoms retailer.

The Axiom name is a stamp of quality and originality, and a guarantee of the best after-sale service in the region provided by highly trained professionals. Axiom employs over 3000 people and has since expanded into Saudi Arabia, Bahrain, Qatar, Oman, Kuwait, London and India.

The company is made up of different business units: Retail, wholesale, micro distribution, airtime and value-added services. Axiom also has a dedicated call center with trained and quality customer service advisors who attend to calls from all its retail divisions and assist customers with all the day to day queries, and technical support.

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