Virgin Cell says that it has signed up its one millionth buyer in Saudi Arabia.
The corporate mentioned that the milestone has been achieved in lower than one 12 months for the reason that industrial launch of the MVNO, making it the cell telecommunications firm with the quickest progress charges throughout the GCC in 2014 and 2015.
Karim Benkirane, Chief Govt Officer, Virgin Cellular Saudi Arabia, stated: “At Virgin Cell we’re working exhausting to be proper on the entrance of the shopper revolution that’s sweeping our trade, and make cellular higher. Virgin Cell is the following technology cell service that’s being constructed by at the moment’s proficient younger Saudi Arabians, so we’re on an excellent path.”
Virgin Cellular Saudi Consortium is the native subsidiary firm of Virgin Cellular Center East & Africa, itself a merger of Virgin Cell’s South Africa primarily based MVNO and Friendi Group’s MVNO companies within the Center East.
In March 2013, the state owned Gulf Funding Corp (GIC) invested USD50 million, making it a big, if undefined shareholder within the group.