FNB signs MTN as second MVNO partner
has signed an agreement with MTN South Africa for the supply of network services for FNB Connect, its mobile virtual network operator .
FNB will retain Cell C as a supplier of network services, with FNB Connect opting for a dual-supplier strategy, a spokesman for the bank confirmed to TechCentral on Wednesday.piggyback on networks built by network operators, leveraging their brands to lure consumers and complement their existing propositions. Retailers and banks in South Africa have shown particular interest in the MVNO model.
“Telecoms and ICT services are central to the integrated value propositions we offer our customers across financial and lifestyle services,” said FNB CEO Jacques Celliers in the statement. “In the months ahead, we will expand our range of services by introducing more cost-effective and tailored solutions for both individual and business customers. This includes internet-of-things solutions that empower businesses to improve efficiency and productivity,” he said.“We will also offer fibre, 5G and LTE for faster internet speeds and reliable connectivity for both residential and commercial customers.
FNB disclosed that its MVNO sold about R400-million in smartphones and other digital devices in the first half of the year. –
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TCS+ | FNB's Christoph Nieuwoudt on the AI revolution - TechCentralFNB’s Christoph Nieuwoudt is a leading expert on artificial intelligence. He joins Duncan McLeod on TCS+.
Read more »
MTN to build 4.5MW power plant at its head office - TechCentralMTN South Africa will deploy a 4.5MW multi-technology energy production facility at its head office.
Read more »
FNB Connect to run on MTN’s networkFirst National Bank and MTN have announced a “strategic network collaboration”.
Read more »
TCS+ | FirstRand's Christoph Nieuwoudt on the AI revolution - TechCentralFirstRand Group’s Christoph Nieuwoudt is a leading expert on AI. He joins Duncan McLeod on TCS+.
Read more »
A key Eskom metric is showing big improvement - TechCentralEskom has been able to reduce load shedding due to the improvement of the energy availability factor.
Read more »
South Africa's Identification Bill adds to privacy risk - TechCentralThe Free Market Foundation has warned proposed new legislation could pose a threat to South Africans’ right to privacy.
Read more »