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redONE Bags the 2016 Frost & Sullivan Malaysia MVNO Service Provider of the Year for the 3rd Consecutive Year

2016-04-18 12:49 2285

KUALA LUMPUR, April 18, 2016 /PRNewswire/ -- Frost & Sullivan has recognized red ONE Network Sdn Bhd (redONE) with the 2016 Frost & Sullivan Malaysia MVNO Service Provider of the Year for the 3rd consecutive time. 

The award was presented to redONE at the 12th annual Frost & Sullivan Malaysia Excellence Awards, held at the Grand Hyatt Kuala Lumpur recently.  

"In a highly penetrated mobile market, redONE continued to drive business growth both in terms of subscribers and revenues. Leveraging its wide and effective sales & distribution network, it holds almost 2% of the mobile subs market share. Its postpaid subscription model - strategically targeted at Chinese SMEs and working adults - not only helped in achieving the lowest churn rate, but also sustained the highest ARPU rates among the peers," said Avinash Sachdeva, Senior Industry Analyst, Digital Transformation, Asia Pacific at Frost & Sullivan.

He added that redONE has successfully executed its business strategy to achieve aggressive subscriber growth and showcased an outstanding commercial performance, with the vision to become the largest MVNO in ASEAN MVNO.

"We are honored to be conferred the award for the 3rd consecutive time. This shows that redONE is on the right track in providing the right solutions and products to Malaysians," said Mr. Ameen Amaendran Abdullah, CEO at redONE.

"I would also like to dedicate this award to all our employees for their dedication and quality of work. redONE will continue to innovate and offer attractive incentive programs to our customers," he added.

It continued to strengthen its sales & distribution channel through an attractive incentive program and co-branded partnership programs with retail-chains. Through innovative ideas, such as paperless registration, it increased productivity & lowered operational expenses.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. 

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?  

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About red ONE Network

red ONE Network Sdn Bhd was established in 2012. We provide postpaid mobile services as a Mobile Virtual Network Operator (MVNO) using Celcom Axiata's mobile infrastructure.

Our philosophy and services are designed around a customer-centric model and deliver what truly matters, in the most simple and practical manner possible.

Whenever we can, we offer free calls or flat rates, and strive to be completely transparent. No complicated bundles or packages you don't really want or need, just peace of mind that you're getting the best deal. Let's get Back to Basics. Start saving with a redONE now! For more information, please visit www.redone.com.my/

Media Contact

Carrie Low
Corporate Communications – Asia Pacific
Phone: +603.6204.5910 
Email: carrie.low@frost.com

Alice Chia
Corporate Communications – Asia Pacific
Email: alice.chia@frost.com

Source: Frost & Sullivan
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