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Virgin Mobile eyes Kuwait launch after financing deal

Business Kuwait City 18 May 21
Virgin Mobile eyes Kuwait launch after financing deal
Virgin Mobile Middle East and Africa, the region mobile virtual network operator (MVNO), has announced its intent to launch in Kuwait.
Fee
Event Location
Kuwait , Kuwait
Area
Kuwait City
Start Time
18 May 2021, 12:00 AM
End Time
31 May 2021, 12:00 AM
Website

Virgin Mobile Middle East and Africa has revealed plans to extend its operations in Kuwait, following the successful application for a business licence via an exclusive strategic partnership with Kuwait Telecommunications Company (stc).

The company will launch its fully digital app-based proposition in the country under the Virgin Mobile brand, becoming the fourth service provider. stc Kuwait will act as a host facilities-based provider with Virgin Mobile Kuwait to provide digital services to customers in the country. All of the new operations’ IT and app technology will be based on Virgin Mobile Middle East and Africa’s digital operator platform.

Currently operating in Saudi Arabia, Oman and the UAE, Virgin Mobile Middle East & Africa serves three million customers across the region.

The company is set to launch in Kuwait before the end of this year, becoming the fourth service local mobile operator. a statement said.

Erik Dudman Nielsen, founder and CEO of Virgin Mobile Middle East & Africa, said: “We are thrilled to be launching our unique, digital-first proposition in Kuwait. Our presence, following other successful launches in the GCC, is a key part of our expansion plans for the region.”

Funding for the expansion into Kuwait has been provided by Wafra International Investment Company, Impulse International for Telecommunications and Virgin Mobile Middle East and Africa.


Kuwait business news 2021Virgin Mobile launch Kuwait



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