PHOTO - Baraka Telecom chairman and board member, Mohammad Al-Sayegh
KUALA LUMPUR, 22 MARCH 2011 -- Asia's first dedicated Mobile Virtual Network Enabler [MVNE] has been launched in Kuala Lumpur as part of regional expansion by Kuwait's telecommunications firm Baraka Telecom.
"Baraka Telecom, which is owned by Reach Telecom Group, has set up a one-stop centre to assist all global MVNOs [mobile virtual network operators], with guidance on business strategy, planning and regulatory aspects, to help MVNOs in Asia to speed time to market as well as offer more flexible platforms and services," said Baraka Telecom chairman and board member, Mohammad Al-Sayegh.
"Every MVNO is different and has different requirements. The Baraka MVNE solution was built with this in mind," said Al-Sayegh. "A mobile virtual network enabler [MVNE] is a B2B company, whereas a mobile virtual network operator [MVNO] is a B2C company that buys network capacity from a mobile network operator [MNO]."
"We are pleased to announce the official launch of the company in Malaysia," he added. "We see tremendous growth opportunity in the mobile telecommunication sector in Asia. As the mobile market matures in this part of the world with more than 100 per cent penetration in some countries, this provides an opportunity for MVNOs to flourish with innovative ideas with the right brand appeal."
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