Japanese budget smartphone maker, FREETEL enters Egypt, fifth largest market in MENA
Source: AETOS Wire , Author: Posted by BI-ME staff
Posted: Sat September 30, 2017 4:02 pm

UAE.-- (AETOS Wire) -- Plus One Global, the Tokyo-based maker and seller of the FREETEL brand of budget smartphones, starts it’s sail in Egyptian Market in partnership with Egypt's largest smart phone distributor, MTI Group (www.mti-mmgroup.com), on a new voyage of global expansion that will include landings in 10 countries in the Middle East and Africa.

Plus One Global began as a startup in 2012, offering low-cost mobile services using lines leased from NTT Docomo and developing its own brand of smartphones, which are made to specification in China and sold both in and outside Japan under the FREETEL brand name.

In places like North Africa, many consumers cannot afford the kinds of expensive smartphones made by companies like Apple and Samsung. They instead opt for cheap, locally made handsets. The problem is that such cheap devices tend to break. Plus One Global is in a good position to increase sales by promoting the famed reliability of Japanese brands.

Plus One launched its first major overseas push in the Middle East & Africa Region in the beginning  2017 in Ghana partnership with nation's largest retailer Telefonika &  and online retailer Tigmoo (www.tigmoo.com.gh)and currently sells over 100 retailers across, nation. 

In 2017 July, FREETEL established a tie-up with Africa's largest Distributor; TD Africa to make devices available in Nigeria, Africa's largest smartphone Market. Subsequently, FREETEL launched Ice2, a 36$ smartphone in Nigeria in partnership with Google and MTN.
FREETEL Smartphones are available in United Arab Emirates, Ghana, Nigeria, Egypt & Saudi Arabia at over 1200 retail stores all major online retailers in the region including SOUQ (www.souq.com), JUMIA (www.jumia.com) & KONGA (www.konga.com).

FREETEL is planning to expand to five additional markets in the region including Saudi Arabia & South Africa by 2018.

Photo Captions:
1. (above)  T J Masuda, CEO and Co-Founder of Plus One Global (Photo-AETOS Wire)
2. (inset)    Mobile user in Egypt - For illustrative purposes (File photo)

Created by Japanese engineers with 40+  years of  experience,  FREETEL  handsets are  designed to give consumers  world-class  products at  affordable price  points.  The brand is focused on Japan quality, design and  affordability.  We ensure that the highest  quality products  are created  by carefully managing the  design,  manufacturing,  and even  packaging,  every step  of the way. 



date:Posted: October 20, 2017
UAE. Fintech will reduce the profitability of some of the UAE. GCC banks' business lines, particularly money transfer and foreign-currency exchange.
date:Posted: October 20, 2017
UAE. Equity and equity-related issuance: US$1.2 billion; Debt issuance: US$84.1 billion; Investment banking fees: US$669.2 million.
date:Posted: October 19, 2017
Analysts discuss security trends at the Gartner Security and Risk Management Summit in Dubai; Security services will continue to be the fastest growing segment in line with global trends, especially IT outsourcing, consulting and implementation services.