Virgin Mobile reaches 2.8 million customers in 2017
Saudi Arabia, Riyadh: Virgin Mobile KSA, the leading mobile virtual network operator in Saudi Arabia, the fastest growing telecom service provider in the KSA today. The company`s subscriber base has reached over 2.8 million by the end of 2017 and it is further expected to reach close to 3.5 million by the end of 2018.
Since its launch in November 2014, Virgin Mobile KSA has been making progress through its value-added offering, innovative marketing and communication plans, and growth and expansion strategy. The company’s ever-growing subscriber base, in addition to the positive image it has managed to create among the people of KSA – youth in particular, indicate that Virgin Mobile KSA has been progressing extremely well as compared to the other telecom service providers.
Earning a customer base of 2.8 million in a span of just 3 years is a commendable achievement from Virgin Mobile KSA. Virgin Mobile has also registered staggering growth revenue of over 50% in 2017 and a highly encouraging and positive EBITDA and net results.
Talking about Virgin Mobile KSA’s progress, Mr. Fouad Halawi, CEO, Virgin Mobile Saudi Arabia, said: “I am extremely delighted with our continued success and equally proud of every individual effort. I am confident that Virgin Mobile KSA will continue to lead the change in the region and eventually set the stage for our future digital aspirations. Our mission remains to take Virgin Mobile KSA to a whole new level, irrespective of the constantly changing market dynamics.”
Addressing the company’s approach to future challenges, Fouad added: “We are fully prepared for what the future may bring, as we have great plans for 2018. As always, we are committed to operating within the market regulations with agility and imagination, and we will continually strive towards exceeding the expectations of our customers and members.”
A progressive trail of achievements since 2016, despite the challenging market conditions, has certainly placed Virgin Mobile KSA at the forefront of the telecom industry in the Kingdom of Saudi Arabia.