Axiom Telecom

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 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.

Axiom Telecom
IndustryTelecommunications retail and Online Store
Founded1997
FounderFaisal Al Bannai
Area served
United Arab Emirates, Saudi Arabia
ProductsSmartphones, Tablets, Accessories
Websitewww.axiomtelecom.com

History

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 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.[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.

In 2019, Axiom Telecom announced that the organization had commissioned architecture firm MMA projects to construct a new headquarters in Dubai's silicon oasis. The 34.000 sqm headquarters has been constructed using cement, black glass, and cor-ten and is separated into three main blocks, a main area containing a gym, restaurant, and lounge, a central area for operational and managerial activity, and its production and logistics operations area.[5]

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
  1. Nicholson, Chris V. (December 7, 2010). "Axiom Telecom Cancels I.P.O. - NYTimes.com". Dealbook.nytimes.com. Retrieved March 4, 2012.
  2. 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.
  5. designboom, sofia lekka angelopoulou I. (November 5, 2019). "MMA projects uses cement + black glass for sculptural 'axiom telecom' headquarters in dubai". designboom | architecture & design magazine. Retrieved March 1, 2023.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.