Al-Futtaim to distribute Nokia

AFCOMP part of Al-Futtaim group signed an partner agreement with Nokia to distribute mobile phones to key domestic retailers in the UAE.

Vishesh Bhatia, President – New Strategic Growth Group, Al-Futtaim Group, said, “Nokia continues to be the people’s choice in the mobile phone category and with smartphone penetration expected to grow by a healthy 11% over the next three years in the UAE, Nokia’s latest feature-rich smartphones are expected to dominate this segment. The Al-Futtaim group, already partner to some of the finest retail and automotive brands in the world, is honoured to partner with the world leader in the mobile phone segment,” he said.

Industry estimates put the demand for mobile handsets at 5 million annually in the UAE and mobile phone sales are expected to grow at a CAGR of five percent through to 2015.

Anil Sharma, Business Head, AFCOMP added, that, “Our company has strong business fundamentals, efficient processes and a professional team with established credentials. We are confident AFCOMP will be able to deliver tangible value to the key domestic retailers and drive the Nokia business forward in the UAE.”

AFCOMP will supply the full range of mobiles phones including the latest feature-rich smartphones such as the Nokia E7, C7 and N8.

Distribution agreement follows the earlier partnership agreement between Techserve, an Al-Futtaim group company, and Nokia to act as its Care Centre partner in the UAE. The Care Centre offers holistic solutions to consumers providing not only repair assistance, but also support for Nokia services including the Nokia Ovi Store, Nokia Music Store and, Nokia Mail for Exchange, as also Nokia Messaging.