Axiom consortium wins Saudi MNVO licence
Riyadh, June 24, 2013
Axiom Mobile consortium has been selected for a mobile virtual network operator (MVNO) license in Saudi Arabia, which will enable it to provide mobile telecommunications services across the Kingdom, a statement said.
The company is now entering the final phase of the process with the Saudi Communications and Information Technology Commission (CITC), it said.
“It is a huge honour to be selected for an MVNO license. The CITC has shown admirable vision in expanding and ramping up the competiveness of the Saudi telecoms market, and we are proud to get the opportunity to help make a difference,” said Faisal Al Bannai, CEO and founder, Axiom Telecom.
The Axiom Mobile consortium is likely to benefit from Axiom Telecom’s retail presence across Saudi Arabia, which includes 120 branches and selling points, as well as 4,000 indirect sales channels (2,000 of which are dealt with through direct distribution).
“We intend to be unlike others in the mobile telecom operator business. Our aim is to be a game-changer, much like the way Axiom Telecom has changed the very definition of innovative mobile retail and distribution services throughout the region,” added Al Bannai.
“Axiom is in a strong position in Saudi Arabia. As the Kingdom’s largest mobile handset reseller, retailer and distributor, we know exactly what the market wants. Our long-standing experience of offering the most up-to-date, value-added services will both inform and inspire our ability to excel as a mobile telecom operator that offers unique, competitive propositions to its customers.” - TradeArabia News Service