Middle-East based MVNO, FRiENDi mobile says that it has received an operating license in Oman. FRiENDi mobile is headquartered in the United Arab Emirates, and has established a number of local operating companies and Joint Ventures across the MENA region with more to come in the near future.
Mohamed Bin Yousuf Bin Alawi, Chairman of FRiENDi mobile Oman said, 'This is an exciting time for the residents of Oman. The government's wise decisions towards further liberalizing the telecom market and opening up for more providers will mean that the consumers will see a variety of new services and better prices. Because our technology allows us to use the existing networks, we will have an excellent coverage from day one. This approach will guarantee the quality of coverage, which, we believe, is the most important factor for any mobile user."
The company is currently building out its MVNO service and aims to cover some sixteen countries in total.
FRiENDi mobile was operating under the working name 'Moobility Telecom' when the company was founded in early 2006, but as part of the rapid development of the business has introduced FRiENDi mobile as the new company name in June 2007.
The company recently secured a "double digit US$ millions" investment from a second round of financing.
Posted to the site on 30th June 2008
Posted to: www.cellular-news.com/story/32112.php