Business Overview
- One of the leading telecom partners in the UAE.
- Currently representing du - EITC telecom in more than 30 licensed outlets.
- Started the business with 5 direct sales people but now we have developed 5 verticals of telecom business.
1) Express kiosks.
2) Franchise stores.
3) Telesales.
4) Direct sales.
5) Corporate business.
- The individual post-paid plans range from AED 150-1,000 and pre-paid plans range from AED 10 - 100. The business corporate connection (internet, landline, and wifi connection) price ranges from AED 100 - 25,000. We also do provide international calling and roaming.
- We are the channel partner of a branded telecom and they directly handle customer support. The average response time for resolving customer issues is 1-3 days.
- Do not charge any additional fees or charges such as activation fees, or early termination fees.
- We generate revenue by selling sim cards, and internet/wifi to the customers.
Products & Services Overview
Telecom services catering to consumer and corporate clients.
Capitalization Overview
- Company has four partners including the local agent with 84%, 10%, 5%, and 1% shareholding.
- The business has a debt of AED 1.5 million.
Assets Overview
We are a service industry, and we do not have many tangible assets except for furniture and desktops.
Intangible- bank guaranty and the receivables from the telecom operator.
Seeking Loan
USD
410 thousand
for
12.0%
annual interest,
1
year
(Native Currency: AED 1,500,000)
Reason:
Need funds for a new project. The value of the project is AED 6 million. The funds required the addi...
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Collateral Available: USD 136 thousand
Includes physical assets worth
USD
27 thousand
Interested to connect with advisors
In talks with 3 Investors