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Axiom Telecom

Field	Value
name	Axiom Telecom
logo	Axiom Telecom logo.gif
logo_size	200px
foundation	1997
founder	Faisal Al Bannai
defunct
area_served	United Arab Emirates, Saudi Arabia
industry	Telecommunications retail and Online Store
products	Smartphones, Tablets, Accessories
subsid	Switch, My Candy Tech
homepage

Axiom Telecom is a technology retailer founded in 1997 by Faisal Al Bannai, with four employees at the start of its operations. Axiom became the official distributor for mobile consumer brands in the UAE and Saudi Arabia, including Samsung, Apple, LG, HTC, Huawei, Nokia, BlackBerry, and held the largest market share in the Middle East.

History

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

In 2003, Axiom started its regional roll-out, and has since established a presence in Kuwait, Bahrain, Qatar, Oman, Saudi Arabia (2004), Egypt (2007), London in 2007, and India (2007).

In December 2005, TECOM Group, a member of Dubai Holding, acquired a 40 percent share of Axiom Telecom.

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.

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

In 2017, Axiom Telecom has moved to Dubai Silicon Oasis from Jumeirah Lakes Towers.

Profile

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, Honor, Sony Ericsson, Motorola, Samsung, and Huawei. 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

https://mycandytech.com/pages/about
https://justswitch.com/stores/
Nicholson, Chris V.. (December 7, 2010). "Axiom Telecom Cancels I.P.O. - NYTimes.com". Dealbook.nytimes.com.
Kerr, Simeon. (September 22, 2010). "Axiom Telecom plans Dubai IPO". FT.com.
Fitch, Asa. (May 25, 2010). "Full: Axiom Telecom IPO to halve debts of Dh1bn - The National". Thenational.ae.
"Dubai Holding sells stake in Axiom Telecom | Telecoms". AMEinfo.com.

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

mobile-phone-companies-of-the-united-arab-emirates telecommunications-companies-established-in-1996

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