Axiom Telecom

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Axiom Telecom
Industry Telecommunications retail and Online Store
Founded 1997
Founder Faisal Al Bannai
Area served
United Arab Emirates, Saudi Arabia
Products Smartphones, Tablets, Accessories
Website www.axiomtelecom.com

Axiom Telecom was founded by an Emirati entrepreneur, Faisal Al Bannai, with four employees at the start of its operations in 1997.[1][2] Axiom became the official distributors for mobile consumer brands in the UAE and Saudi Arabia, including Samsung, Apple, LG, HTC, Huawei, Nokia, BlackBerry, and the largest market share in the middle east.

History[edit]

In 2001, Axiom grew rapidly and introduced its first retail outlet in the UAE.

In 2003, Axiom started its regional roll-out, and has since established presence in Kuwait, Bahrain, Qatar, Oman, Saudi Arabia (2006), Egypt (2007), London in 2007 and India (2007).

In December 2005, TECOM, a member of Dubai Holding, acquired a 40% share of the Axiom Telecom.[2][3]

Today Axiom owns and operates stores through partner arrangements in the UAE with Spinneys and Union Co-op outlets. Axiom is also the exclusive telecom partner for Adnoc, Emarat, Enoc & Eppco petrol stations where mobile phone accessories are sold in over 350 locations.

In June 2011 Dubai Holding sold 14% of Axiom Telecom.[4]

In 2013, 2014 and 2016, Axiom Telecom applied for an MVNO license to operate in Saudi Arabia.

Profile[edit]

Axiom Telecom is a telecom retailer in the Middle East. The company's operations merge wholesale, retail, value added services (games, ring-tones, data backup, etc.) and after-sales care of wireless communications devices.

Axiom carries mobile telecommunications devices such as Nokia, Sony Ericsson, Motorola, Samsung and LG. Axiom Telecom was appointed in 2010 as the distributor for Blackberry products across the Middle East.

Axiom Telecom operates in India under a joint venture with Future Group as Future Axiom Ltd where it operates about 350 retail outlets.

Axiom Service Provider is an airtime service provider for the Thuraya Satellite Company. It has service agreements with international telecommunications operations. Axiom service provider is the only national service provider for Thuraya in Iraq.

References[edit]

  1. ^ Nicholson, Chris V. (December 7, 2010). "Axiom Telecom Cancels I.P.O. - NYTimes.com". Dealbook.nytimes.com. Retrieved March 4, 2012. 
  2. ^ a b Kerr, Simeon (September 22, 2010). "Axiom Telecom plans Dubai IPO". FT.com. Retrieved March 4, 2012. 
  3. ^ Fitch, Asa (May 25, 2010). "Full: Axiom Telecom IPO to halve debts of Dh1bn - The National". Thenational.ae. Retrieved March 4, 2012. 
  4. ^ "Dubai Holding sells stake in Axiom Telecom | Telecoms". AMEinfo.com. Archived from the original on August 30, 2011. Retrieved March 4, 2012. 

External links[edit]