i2 gets MVNO licence in Jordan
Amman, May 13, 2008
The Telecom Regulatory Commission in Jordan has officially awarded Saudi Arabia’s i2 an individual licence that allows it to operate a Mobile Virtual Network Operator (MVNO) services.
This follows a signing agreement with the TRC on May 11, 2008, in Amman.
MVNO is a telecom mobile service provider that does not have its own frequency allocation of the radio spectrum, nor does it have the entire infrastructure required to provide mobile telephone service but enters into agreement with exiting Mobile Network Operators (MNO) to provide end to end mobile telecom services to end users including voice and data.
This agreement allows the MVNO to focus on customer care, marketing and sales instead of technical and network related issues.
Globally MVNO capture between eight to 20 per cent of mobile subscribers depending on market maturity. It is forecasted that the MVNO in Middle East shall capture between five and eight per cent of the subscribers database in the first five years and the activity to generate $5 billion for the same period.
“There are currently approximately 360 planned or operational MVNOs world-wide and we look forward to being the first virtual mobile provider in the region. Being granted the approval to operate as an MVNO in Jordan is a key milestone for us. This step is in line with our vision of integrating the mobile value chain and to leverage on our assets: distribution, logistics, retail network, brand and our exceptional relationship with Nokia. We are eager to provide Top Class Customer Care Services, innovative offers and more diversified options to consumers and businesses,” said CEO of i2 Abdul Hameed Al Sunaid.
Operating with the MVNO services in Jordan will open a new channel of business for i2 and will definitely boost even further the telecommunication industry development in Jordan.
“At i2 we will turn the MVNO services into an outstanding and complete new experience for the Customers offering quality, competitive prices and packages,” added Al Sunaid.
For the operator, it means a new revenue stream, optimisation of resources and quicker execution of its business plan. For i2, it is a challenging and a perfect opportunity allowing for synergy between its various operations and businesses. For the customer, it will bring different value, different experience and a broader choice of their telecommunication suppliers.
Through the MVNO, Jordan in particular and the region in general will benefit from another level of liberalisation and competition. i2 is committed to bring more growth into the region and to improve the landscape of telecommunications within an already mature market. i2 continues to bring in the best solutions for its customers by entering the MVNO space. – TradeArabia News Service
More IT & Telecommunications Stories
- Batelco CEO leaves; former boss steps in
- Etisalat Nigeria signs $1.2bn refinancing loan
- Most firms ‘not curbing external software’
- Plextor launches high-performance SSD
- Epicor clinches two new UAE deals
- Du launches smartphone festival
- Mena fastest growing e-commerce region
- Ooredoo, QNB to host workshop for SMEs
- Data use surge 'posing security challenges'
- Kanoo, EMC showcase infrastructure portfolio