Nedbank MVNO Ambitions
Nedbank Connect is utilizing South Africa as a testing ground for a potential expansion of its MVNO offering to the rest of Africa.
Nedbank Connect, the recently launched mobile virtual network operator (MVNO) of Nedbank, is adopting a gradual approach to entering the South African market, but its goals extend beyond the country's borders, with other African markets in its sights.
“Strategically, we wanted to be technically enabled so that we don’t have to port systems or look for additional technology partners later on,”
said Eugene Liebenberg, head of digital products at Nedbank, in an interview with TechCentral. The bank's choices, including partnering with MTN as its network partner and MVNX as a technology platform, are designed to provide Nedbank Connect with the flexibility to adapt its offering for new markets.
Author's summary: Nedbank Connect eyes Africa expansion.