International Finance

Virgin Mobile KSA aims to cross 3.5 million subscribers by year-end

virgin mobile, saudi arabia, telecom, communication, digitization, subscribers
Virgin Mobile Saudi aims to cross 3.5 million subscribers by the end of this year, with the company displaying confidence about fulfilling future digital aspirations

Virgin Mobile KSA’s subscriber base reached over 2.8 million by the end of 2017 and expects to reach nearly to 3.5 million subscribers by the end of 2018.

The company has also registered staggering growth revenue of over 50% in 2017 and a positive EBITDA. Since its launch in November 2014, Virgin Mobile has provided value-added offerings, innovative marketing and communication plans, and growth and expansion strategy. This has made the company one of the fastest growing telecom providers in Saudi Arabia, stated reports.

CEO Fouad Halawi 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.

We are fully prepared for what the future may bring, as we have great plans for 2018. Our mission remains to take Virgin Mobile KSA to a whole new level, irrespective of the constantly changing market dynamics.”

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