Home Tag "MVNO"

Friendi Group secures US$25 m in funding

The Channel Post Staff
0
Dubai based leading MVNO/B-brand provider Friendi Group secured the funding of US$ 25 million to further accelerate expansion plans across the Middle East, Africa and Asia region. The new funding comprises US$10 million equity from new and existing shareholders, plus a US$15 million structured debt facility from Standard Bank. FRiENDi GROUP currently operates using a proven business model delivering significant benefits to its customers and mobile telecom operator partners in Oman, Jordan and Saudi Arabia.
Do NOT follow this link or you will be banned from the site!