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Standard Bank and MTN Partner for MVNO Launch

Published by Itnewsafrica on Wed, 12 Jun 2024


Standard Bank Teams Up with MTN to Expand Mobile Network Coverage for South African Customers. In line with its telecommunications strategy, Standard Bank Mobile rebrands to Standard Bank Connect, offering new data and voice packages.Kartik Mistry, Head of Standard Bank Connect, says, We are excited to collaborate with MTN and the opportunity to provide our customers with a range of newly differentiated mobile plans. The transition will be gradual, where we invite our customers to join us on our pilot program, helping us to build meaningful services together and experiencing Standard Bank on MTN's wide network.Over 300 000 mobile customersSince its launch in 2018, Standard Banks MVNO- mobile virtual network operator has attracted over 300,000 mobile customers, who benefit from bank fee reimbursements in the form of Airtime based on their banking relationships.Shared valueQuintus de Beer, Chief Wholesale Officer at MTN South Africa, says, 'Consistently voted SAs Best Network, MTN is delighted to partner with Standard Bank, a trusted brand in South Africa and across the African continent. Our aim is to create shared value by placing our partners at the centre of all we do whilst for fulfilling our vision that everyone deserves the benefits of a modern, connected life. To this end we are committed to providing a proven, quality digital network and affordable mobile and network solutions.To build on its play to connect communities, Standard Bank offers two main types of connectivity packages: the Connected Circle and the Connected Gigs Plans. The Connected Circle Plans cater to customers seeking both voice and data connectivity with options like Connected Circle Starter, Lite, Plus, and Pro. These plans provide access to unlimited calls to selected numbers within ones community and include inclusive data, promoting flexibility and changing the way we connect.For data-centric customers, the Connected Gigs Plans offer high-value data bundles at competitive prices. Customers can also purchase airtime bundles for voice and SMS usage on these plans.Tech accessories discountsIn another first, to offer customers more value, qualifying Connected Circle and Connected Gigs plans also include monthly discounts on tech accessories of up to 50% with Standard Bank's partnership with Dress Your Tech.Other features include:' Month-to-month flexibility: All plans are monthly; however, customers can choose to commit to their plan for 3, 6, or 12 months for added incentives.' Auto top-up: Ensures continuous data access only when needed, with no expiration on topped-up data.' R1 Promotion: For a limited time, customers can take up any plan for R1 and enjoy the full inclusive value of their plans till the first billing date. Plans can only be ordered online at this stage but will be available in selected branches in the near future.'Standard Bank Connect represents a significant step forward in our commitment to providing our customers with end-to-end connectivity solutions that are tailored to offer more simplicity, more value and greater flexibility.' concludes MistryThe post Standard Bank and MTN Partner for MVNO Launch first appeared on IT News Africa | Business Technology, Telecoms and Startup News.
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