Al-Futtaim Computer Software Products Company LLC (AFCOMP), a wholly owned subsidiary of the Al-Futtaim group, today announced it has entered into a partner agreement with Nokia to supply mobile phones to key domestic retailers in the UAE.
The Finnish company is the world's mobile phone supplier while Nokia Siemens Networks (NSN) is a leading supplier of mobile and fixed telecom networks including related customer services.
The agreement with Nokia which came into effect earlier this month was signed by Vishesh Bhatia, President - New Strategic Growth Group, Al-Futtaim Group and Chris Braam, Vice President at Nokia MEA. Anil Sharma will head the business unit for Al-Futtaim.
Mr. Bhatia said Nokia continues to be the people's choice in the mobile phone category and with smartphone penetration expected to grow by a healthy 11% over the next three years in the UAE, Nokia's latest feature-rich smartphones are expected to dominate this segment.
Industry estimates put the demand for mobile handsets at 5 million annually in the UAEand mobile phone sales are expected to grow at a CAGR of five percent through to 2015.
Chris Braam - Vice President at Nokia MEA said, "Nokia's mission is simple - We connect people to what matters most to them and the agreement with AFCOMP demonstrates our strong commitment to our UAE customers through that mission statement. The core principles of the Al-Futtaim group of quality, reliability and integrity are values which are also reflected in Nokia. We are confident of AFCOMP's ability to deliver value to our customers in the UAE and look forward to a long and mutually beneficial relationship."
AFCOMP will supply the full range of mobiles phones including the latest feature-rich smartphones such as the Nokia E7, C7 and N8.
(C) AME Info
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