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Budget Center Inc. (BDGN)

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ENABLING ASIA Inc. - $BDGN 

 

REVERSE MERGER COMPLETED on AUGUST 14, 2017 per OTC Markets and NVSOS updated with company officers and new Company name Enabling Asia, Inc. on 9/15/2017


http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=%252bnNW3Lb8WSUYl9ZU5hjo2g%253d%253d&nt7=0

https://www.otcmarkets.com/financialReportViewer?symbol=BDGN&id=177637


THE BIGGEST REVERSE MERGER OF 2017 was just sold to Loke Yee Siong who is the CEO of Enabling Asia and Buzzme with the exact same Chairman and CFO!




www.enablingasia.com

https://www.facebook.com/EnablingAsia/

ENABLING ASIA (EA) IS ASEAN’S FIRST AND ONLY INTEGRATED MOBILE VIRTUAL NETWORK AGGREGATOR (MVNA), OFFERING ALL-IN-ONE MOBILE TELECOMMUNICATION SOLUTIONS THAT HELP YOU BRING YOUR BRAND TO MARKET RAPIDLY WITH A REASONABLE INVESTMENT CAPITAL. OUR SERVICES COVER EVERY STEP OF YOUR MOBILE VIRTUAL NETWORK OPERATOR (MVNO) JOURNEY, FROM PROVIDING TELCO CONNECTIVITY, TO IMPLEMENTING LOYALTY PROGRAMMES AND SETTING UP ECOMMERCE AND M-COMMERCE PLATFORMS.








Image result for enablingasia

www.buzzme.com.my 

https://www.facebook.com/Buzzme.m8/

Buzzme is a telecommunication service provider that aims to deliver the most innovative mobile services in Malaysia. 

We are an MVNO (Mobile Virtual Network Operator), partnering with U Mobile to provide you with the strongest, fastest mobile network service nationwide. Since our establishment in May 2013, we’ve grown into one of Malaysia’s most successful MVNOs. Buzzme is a registered trademark of Mobile 8 Telco Sdn. Bhd.








Image result for enablingasia


http://www.m8.com.my/




 

OUR PARTNERS!

 
U Mobile



$BDGN - INCLUDES CARRY-OVER REVENUES, NO DEBT, AND LOW SS (see below)


CORPORATE DETAILS 9/15/2017 http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=%252bnNW3Lb8WSUYl9ZU5hjo2g%253d%253d&nt7=0

CURRENT ANNUAL REPORT APRIL 28th 2017http://www.otcmarkets.com/stock/BDGN/filings

INVESTORS KNOW OPPORTUNITY WHEN THEY SEE IT!


 

SHARE STRUCTURE:
 

BDGN - Current SS as of 8/19/2017 Verified by TA

Authorized: 500,000,000 
Issued: 366,308,591 (this is obviously for the co officers and BOD to maintain control of the co and is restricted for a period of one year minus the 22.5M in the pub float)
Restricted: 343,756,050 (for a minimum of 1 year per SEC regs)
Publicly Traded Float 22,552,541


*Holy tiny float Batman!!  

 

Transfer Agent: UNGAGGED which is rare for an OTC company and just shows that the company is very transparent

Pacific Stock Transfer Company
500 E. Warm Springs Road
Las Vegas, NV 89117
Tel: (702) 361-3033 

NVSOS UPDATED 9/15/2017 with new Company Officers and name change to ENABLING ASIA INC!


http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=%252bnNW3Lb8WSUYl9ZU5hjo2g%253d%253d&nt7=0

 

https://www.otcmarkets.com/financialReportViewer?symbol=BDGN&id=177637

SUPPLEMENTAL INFORMATION Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective on August 14, 2017, the Board of Directors of Budget Center Inc. (the "Company") appointed Eric Yap and Loke Yee Siong to the Company’s Board of Directors. Additionally, the following executive officers were appointed by the Board of Directors effective August 14, 2017:

Eric Yap – Chairman
Loke Yee Siong – Chief Executive Officer (CEO)
Kewell Yap – Chief Financial Officer (CFO)

Eric Yap, Chairman, age 51, has been serving as CEO and President of TRON Communications, a telecommunication company in Malaysia since April 2015. Dr. Yap holds an advanced diploma in international marketing, a master’s degree and an honorable doctorate qualification in business administration. His career as an entrepreneur has led him to venture into various industries including insurance, property, construction, travel, security and finally telecommunications. During his career, Dr. Yap has earned the Brandlaureate Corporate Best Brand Award, the Brandlaureate Leadership Award, the Malaysia 2016 CSR Award and the Asia Pacific Entrepreneur Award.

Loke Yee Siong, Executive Director and Group CEO, age 52, has over 20 years of experience in the telecommunications sector, working with a diverse group of companies that were all market leaders in their respective market segments. Among them include Maxis the leading mobile operator in Malaysia, Packet One Networks, which is a leading WIMAX internet provider in Malaysia, and TuneTalk, the country's most successful mobile virtual network operator (MVNO). He spent 11 years with Maxis Communications where he and his team helped build the telco, then a newcomer to the industry, to the number one mobile operator in Malaysia. A sales and distribution specialist, Loke worked his way up from a regional senior executive in 1996 to occupy the position of national senior manager for sales and distribution. He instituted a number of changes to the telcos' sales and distribution strategy, which comprised the most extensive distribution network with more than 26,000 touch points at its peak. The strategy included the introduction of an electronic delivery system for Maxis' prepaid service, which drove cost-efficiencies, as well as segmentised Maxis distributors and dealers to leverage on their respective strengths for two decades. 20 years. In 2011, Loke has entered the ASEAN region and started up the MVNA and MVNO business in Malaysia. Loke being the co-founder and Group CEO of Enabling Asia Tech Sdn Bhd, a pioneer of MVNA in Malaysia, and its in-house MVNO subsidiary, i.e. Mobile 8 Telco Sdn Bhd, launched under the brand of Buzzme.

Yap Khim Hoong (Kewell), Chief Business Controller (CFO), age 36, has over 12 years of financial services and business management experiences in various industries such as telecom, retail and media. His leadership experience in sales and marketing controllership backed with expertise in spearheading business reporting and analysis, developing financial model and assessment, regulating adherence to compliance, instituting internal control and process improvement and formulating streamlined business solutions. Kewell started his career with Maxis as an accountant. He was appointed as Head of Budget & Process Management for consumer business in January 2008 and subsequently re-designated as Head of Financial & Marketing Services in mid-2010. In 2013, Kewell has joined Enabling Asia as Chief Business Controller as a senior management team.

Resignation of Joseph Arcaro Following these appointments, Joseph Arcaro resigned as a Director and from all positions as an officer of the Company. There were no disagreements between Mr. Arcaro and the Company as to the Company’s business or policies.



BDGN

Image result for you see that thats what sexy looks like

 BDGN WEEKLY CHART
BDGN

On 8/31/2017 we broke the 3 year high on the chart!

BDGN

What is even more impressive is the Max chart shows that this was once at $110.00 with 2 forward splits which actually increases the amount of shares and reduces the price!  So with the current SS with a 22M float over $1.00 is not out of the question based on history!



ENABLING ASIA has been in business since 2010 and currently has 11 employees (in the process of hiring 10 more right now) and is expanding its services to 5 different countries!

OUR BOARD OF DIRECTORS

Image result for eric yap

Dato Sri Dr Eric Yap
Chairman

DATO SRI DR ERIC YAP

Chairman

Eric’s remarkable career as a serial entrepreneur has seen him lead ventures into various industries. He started his career at MAA Bhd, rising through the ranks to Agency Supervisor and subsequently Agency Manager. From insurance he went on to property trading and established two companies dealing in investments and property holdings in Malaysia and Hong Kong. Later, he diversified his business to furniture, home furnishing and interior design. His other ventures include a travel and tour agency and a security company. Eric’s latest foray into the field of telecommunications is a long-held dream that is the culmination after years of hard work and dogged determination, qualities that are sure to drive Enabling Asia to further successes. 

Eric attributes his success to his mother who had set high expectations for him from his early days. He holds an MBA from Honolulu University and an honorary doctorate of Philosophy Degree in Business Administration.

Image result for loke yee siong

LOKE YEE SIONG

Executive Director / 
Group Chief Executive Officer

Two decades. 20 years. That’s a long time to spend honing your skills – but when it comes to someone like Loke, it’s never quite enough. Loke brings a vast array of know-how and indispensable insight to the table. Ever-cognizant of the bigger picture, he skilfully navigates the sales and distribution landscape of telecommunications sector with the sort of delicate proficiency that only a seasoned professional possesses. His enviable portfolio includes 11 years with Maxis, where he helped transform the then newcomer into Malaysia’s number 1 mobile operator, P1 and TuneTalk. 

Loke is the co-founder of Enabling Asia Tech Sdn Bhd (EA), a pioneer of MVNA in Malaysia, and its in-house MVNO subsidiary, i.e. Mobile 8 Telco Sdn Bhd (M8TSB), launched under the brand of Buzzme.

 

 


Launch of m8 World Sim by Enabling Asia Tech Sdn Bhd (EA) 
 
An event not to be missed, just last week I witnessed the launch of the m8 World SIM by Enabling Asia Tech Sdn Bhd (EA),Malaysia’s first and only integrated Mobile Virtual Network Aggregator (MVNA). Taking travel SIM cards to the next level, it's crazy how technology has enabled us to do so much with less effort hence saving a whole lot of money in the process. Want to know more? Read on then!
 
m8 World Sim Launched By Enabling Asia Tech Sdn Bhd (EA)
m8 World Sim Launched By Enabling Asia Tech Sdn Bhd (EA) 
 

One World, One Sim Card, the tagline says it all. The M8 World SIM is a premier telco product registered as a trademark of EA and a result of a successful commercial partnership between EA and Taisys Technologies Co Ltd from Taiwan with advanced technological and management support from EA's official Mobile Network Operator (MNO), U Mobile Sdn Bhd.
 
 
Mr Loke Yee Siong (second from right), Group Chief Executive Officer of Enabling Asia Tech Sdn Bhd officiating the launch of m8 World SIM Product. With him are (from left) Mr Jeff Bong, Representative from U Mobile Sdn Bhd.; Dato Sri Dr Eric Yap, Chairman of Enabling Asia Tech Sdn Bhd; Mr Jason Ho, Founder and Chairman of Taisys Technologies Co Ltd Taiwan; and Mr Alex Lim, Executive Director of Enabling Asia Tech Sdn Bhd.
Mr Loke Yee Siong (second from right), Group Chief Executive Officer of Enabling Asia Tech Sdn Bhd officiating the launch of m8 World SIM Product. With him are (from left) Mr Jeff Bong, Representative from U Mobile Sdn Bhd.; Dato Sri Dr Eric Yap, Chairman of Enabling Asia Tech Sdn Bhd; Mr Jason Ho, Founder and Chairman of Taisys Technologies Co Ltd Taiwan; and Mr Alex Lim, Executive Director of Enabling Asia Tech Sdn Bhd.
Travel in Style!
Travel in Style!
 

Perfect for travelers!

 
m8 World SIM adopts a local mobile number of the destination countries instead of the conventional roaming arrangement to ensure seamless connectivity. As all SIM cards under MVNOs hosted by EA offer the same consumer advantages, customers can now stay connected to the world in more than 200 countries within an informed and controlled cost environment. What does that mean? It means when you switch on your smartphone with this sim card, you automatically transform into a "local"! 
 
We were treated to a sweet violin performance by the lady in red at the launch event
We were treated to a sweet violin performance by the lady in red at the launch event
Buzzme, beyond mobile, enriching life
Buzzme, beyond mobile, enriching life
 

Buzzme World SIM Starterpack

 
Travel to another country? What's the first thing you do? My guess is that you will purchase a local number to stay connected, because it's more cost efficient that way. Guess what? With the new Buzzme World SIM Starterpack, you no longer need to get a local number. Instead, just switch your mobile on, and you can use it immediately, as if it's a local number! 
 
Add caption
 
In conjunction with the launch of m8 World SIM, Buzzme World SIM Starterpack - a new category of prepaid starterpack - has been made available to the Malaysian mobile consumer market since May 2017. Buzzme is a registered trademark under Mobile 8 Telco Sdn Bhd and is EA’s in-house MVNO.
 

How does it work?

 
Buzzme World SIM Starterpack, with the tagline “ONE WORLD. ONE SIMCARD.”, operates the m8 World SIM feature in a hybrid model, enabling customers to stay connected locally in Malaysia as well as whenever they are abroad in more than 200 countries. The starterpack has a recommended retail price of RM99 with RM50 worth of pre-loaded credit and can be purchased online as well as at a number of appointed channels across the country.
 
The hybrid model prepaid wallet allows the pre-loaded credit and any subsequent credit top-ups to be used for Malaysian local traffic or to purchase a subscription plan abroad when traveling. All customers of MVNOs hosted under EA, including Buzzme, will be able to top-up their prepaid wallet via m8 Reload, a common reload currency. This can be done online at m8.com.my or nationwide at any 7-Eleven stores and e-Pay touch point as well as any appointed dealers.
 
Signing ceremony
Signing ceremony
More signings
More signings
 
“The consumer segment of Buzzme World SIM Starterpack is niche but has an immensely handsome potential. Especially with today’s advanced lifestyle due to globalization, it is inevitable for individuals to travel abroad for business or vacation. In addition, competitive air fares and low-cost tickets encourage people to travel even more. With our value-for-money plans and lifestyle innovations, our position has further strengthened as a great deal for lifestyle-savvy, always connected youths,” said Mr Loke Yee Siong, Group Chief Executive Officer of Enabling Asia Tech Sdn Bhd
 
You know you want one!
You know you want one!
 

Five Simple Steps To Get Use the m8 World SIM

 
Make your travels easier and more convenient by purchasing the Buzzme m8 World SIM:
 
Step 1 Getting Started
Insert the Buzzme World SIM into a mobile device, connect to WiFi and download the m8 World SIM mobile application (APP).
 
Step 2 Login
Login with the mobile number and APP password printed on the SIM card, then register your personal details as required. You will receive an SMS notification and email upon completion.
 
Step 3 Before Departure
You can purchase a subscription plan from the destination country via the APP and payment can be made via your existing prepaid wallet or credit card. You will receive an SMS notification and email once the transaction is successfully completed. The destination country’s mobile number will automatically be pre-assigned and will appear within the APP together with the purchased subscription plan.
 
Step 4 Arriving Abroad
Login to the APP and select the destination country’s subscription plan. The first usage abroad of the plan shall commence from this point and you can now enjoy your trip while being connected to the world.
 
Step 5 Coming Home
Login to the APP and select your home country’s mobile number to use the SIM card locally once you are back in your home country.

 
Grab the m8 World Sim today, for use the next time you go on your travels.
Grab the m8 World Sim today, for use the next time you go on your travels. 
 
For more information on Buzzme World SIM Starterpack, head on today itself to their official website at buzzme.com.my, contact their Hello Centre at +6011-3400 4400 or send them an email at hello@buzzme.com.my. Everything including the rates and prices can be found on their website, so don't wait anymore! 
 

Our logo (we’re rather proud of it)

The Buzzme logo represents us and all our ideas about what mobile services should be.

   Strongest, fastest mobile network                       Barrierless communications                                 Stay connected to loved ones


  •   

We can sustain profitability after Thai expansion: Buzzme CEO

 
By Goh Thean Eu | Sep 26, 2016
  • Expanded to Thailand recently, eyes Indonesia, Philippines, Myanmar next
    Shares lessons learnt during Buzzme's early years
Buzzme CEO Loke Yee Siong (fifth from right) with his team during the company's third anniversary celebration

Enabling Asia Tech Sdn Bhd, a mobile virtual network aggregator (MVNA), expects to remain profitable operationally after its subsidiary’s recent expansion to the Thailand market.
 
Buzzme, a wholly-owned unit of Enabling Asia Tech, is a mobile virtual network operator (MVNO). It launched its mobile services in 2013, and recently expanded to Thailand. It entered the market by acquiring existing MVNO IEC-3G for an undisclosed amount.
 
In less than three years since it launched its services, the company is already profitable operationally.
 
“We are already Ebitda (earnings before interest, tax, depreciation and amortization) positive. We expect it to be sustainable even with our expansion to Thailand,” said Loke Yee Siong, chief executive officer of Enabling Asia Tech.
 

A MVNO is a mobile service provider that does not own the wireless network infrastructure. It is able to offer voice and data services to customers by riding on existing mobile operator’s infrastructure.
 
At the same time, a MVNA is a company that provides network infrastructure and related services (such as network subsystems, business support systems, provisioning, administration and operations support systems) to MVNOs.
 
For Enabling Asia Tech and Buzzme, they are offering their services by ultimately riding on U Mobile’s network.
 
Lessons learnt
 
For Loke, one of the key things he learnt during his journey with Enabling Asia Tech and Buzzme is that one needs to be agile and make changes fast.
 
He also added that one of his biggest mistakes during the early days was to compete head on with the incumbents.
 
“The minute you (MVNO) think like them, you will start to lose. I think a lot of MVNOs also make the same mistake. The minute you play like the big boys, spend like them and all, you will lose,” said Loke.
 
Realising that competing against the incumbents is not a viable plan, the company changed its approach and strategy.
 
It then changed its focus on the younger market – those Gen X and Gen Y’s, but more importantly, its go-to-market strategy is more digital-centric.
 
“We leveraged a lot on digital marketing, social media, and so forth,” said Loke.
 
Currently, Enabling Tech Asia is also serving several MVNOs under its network, including Prabha Mobile, ECI, itel, MyAngkasa Mobile and TRI Mobile. (Enabling Tech Asia does not have stakes in these MVNOs, with the exception of BuzzMe.)
 
Focus on bundles and products

 

Loke (pic above) said that the company is also focusing on “rewarding” customers, and giving customers value.
 
For RM25, users will be able to get 30 minutes of voice calls, 30 text messages, and 1.5GB of data. For RM50, customers will be able to get 60 minutes of voice call, 30 text messages and 4GB of data.
 
The plans are competitive with most of the telcos. Maxis’s Hotlink is offering 5GB of data for RM48 a month, while Digi offers 2GB and 3GB of data for RM28 and RM38 a month, respectively.
 
What makes Buzzme stands out is the way it reward its customers. For example, subscribers will be able to get 4 points after making RM20 worth of voice calls, 5 points whenever they subscribe to Smart Surf 1GB plan, etc.
 
Points can then be redeemed for free credits or merchandises.
 
Meanwhile, it is also awarding “free gift certificates” whenever customers reload a minimum of RM100 in a single transaction. The partners for these gift certificates include Centro Hair Salon, ZTE, Breakout Escape Game, Lancelot Tea-Guild, SanDisk, and others.
 
While the free gift certificate deal may be attractive, but it raises a question on whether will consumers bite the bait. After all, the average amount spent by prepaid users are less than RM50 a month.
 
So why would Buzzme customers reload RM100?
 
“When they do that, not only they can get the free gift certificates, but also a three months validity. So in other words, with RM100, they can get the free gift and also to talk and surf for three months,” said Loke.
 
Plans for the future
 
With Thailand expansion completed, the company is now eyeing on its next markets.
 
“We hope to expand to Indonesia by end of this year. We have identified the partner mobile operator. Unlike our Thailand expansion, which involves acquiring an existing MVNO, our Indonesia expansion plan is more about co-branding initiative with existing mobile operator,” said Loke.
 
Post Indonesia, it hopes to expand to Philippines by first half next year, and Myanmar by end of next year. 

CHAIRMAN OF BDGN 

TRON: DATO’ SRI DR. ERIC YAP - AKA THE MEGA TRON

The Mega Tron : Lessons in Entrepreneurship

Image result for eric yap tron ceo

by Gerald ChuahFebruary 3, 2017
http://thebrandlaureate.net/2017/02/03/tron-dato-sri-dr-eric-yap/

MOBILE technology has definitely changed the way we learn, communicate, do business, acquire entertainment – and live. It is the platform we turn to for breaking news, movie reviews, product launches, and online shopping… the list goes on.

Technology Revolution On Net (TRON), the holding company of Talk Focus Sdn Bhd is the new player in the market to jump into this bandwagon under the capable leadership of Dato’ Sri Dr. Eric Yap.

Yap’s remarkable career as a serial entrepreneur has led him to venture in various industries including insurance, property, construction, travel, security and finally, telecommunications – a long-held dream that was culminated after years of hard work and dogged determination.

A man with clear vision, open heart, astute intelligence, and yes, deep pocket – Yap, seems to have a rare combination of qualities to succeed as an outstanding entrepreneur.

He said: “I like challenges because life is all about facing new difficulties and challenges which makes us stronger. “Everyone faces challenges in life. It’s a matter of how you overcome them and use them to your advantage. After all, success will never be possible without challenges,” he added.

Telco is definitely one of the fastest growing industry in the world today, and owning a telco company is one of Yap’s dream business in his early days, but he did not have the opportunity to venture into this industry.
Two years ago, during his semi-retirement phase, one of his old friend came out with a proposal, and invited him to invest in the company.

“I was attracted to his proposal and jumped onto this chance to venture into the telecommunication business,” said Yap.

Although the Mobile Virtual Network Operators (MVNO) industry was totally new to him then, he had to sacrifice his own time to learn as much as possible about the business.

Taking one of the – challenges of his entrepreneurial career, Yap rolled up his sleeves and worked his way towards the technical and operational side of things.

Undeterred by competition amongst giants, he relished the challenge, and saw it as an opportunity to engage in technology-related businesses, and climb this mountain.
Yap said he had months of sleepless nights gathering information and planning the operations of the company.

“Through it all, I’ve learned to manage my time more productively.”

Now that he has finally got his business up and running, Yap plans to devote his whole attention into it, and not get distracted by other business opportunities as in the past, being wiser from experience.

“IT TAKES A DETERMINED MAN TO SUCCEED. TODAY PEOPLE ARE TOO QUICK TO GIVE EXCUSES WHY SOMETHING CANNOT BE DONE. ARE YOU WILLING TO BURN THE BRIDGES? SOMETIMES IT IS NOT JUST KNOWLEDGE BUT PERSEVERANCE,”

Many high achievers today were once underdogs in their respective arena. Driven by their vision and mission to succeed, they managed to crack the code by thinking outside the box, and tap into latest trends and technology.

Industry icons like Jack Ma, Steve Jobs, and Mark Zuckerberg are not only visionaries but masters of discipline, who not only dare to take the challenge, but have the courage to follow through. It is no surprise then, that they have become role models of success for the World to follow.

In a similar vein, the success story of Jack Ma — the billionaire business magnate and philanthropist has inspired Yap to become the dynamic CEO of TRON.

Citing Jack Ma as the person he admires for his innate talents and leadership. Yap said: “You have to admire the man for his vision and tenacity. As a serial entrepreneur, his brilliance is not only finding the business blueprint, but having the strength and determination to drive his dreams to reality.

“He serves as a mentor, inspiring me to move TRON to the next level and making me who I am today.”

As they say, `No Venture No Gain,’ and `Fortune Favors The Bold,’ so Yap’s success proves that these lessons ultimately apply in business as well as in life.

“It takes a lot to succeed. When times are hard, spend less and save more, or get an extra job,” advised Yap on how to survive the hard times, as his guru used to say.

RADIO STATION AUDIO INTERVIEW OF CEO ENABLING ASIA AND BUZZME - LISTEN TO IT!
https://www.bfm.my/open-for-business-buzzme-loke-yee-siong.html

As Asia’s first Mobile Virtual Network Aggregator (MVNA), EA offers brands integrated solutions from licensing, billing, and technical solutions to call centre support, to enable companies get to market speedily, easily and at a lower cost.

In Malaysia, U Mobile will provide the exclusive network connectivity, in a commercial agreement sealed today between EA’s Chief Executive Officer, Mr Loke Yee Siong and U Mobile’s Chief Executive Officer, Mr Jaffa Sany Ariffin.

EA also launched its own prepaid mobile services, Buzz Me, priced at RM10 and RM30 with the prefix 011-34, available nationwide.

“We are delighted to be the first in Asia to offer companies the opportunity to revolutionize their business model.  Brands with their own branded mobile services are able to generate sustainable and additional revenue by connecting directly with their consumers.

“With EA, brands can launch their mobile services speedily and easily; in less than 90 days, and at lower cost than trying to do this with the telcos.

“We are confident of launching mobile services for five brands within 12 months. We are in talks with companies who are impressed with the proven model overseas where Mobile Virtual Network Operators or MVNOs are prevalent and profitable,” Loke said adding that successful MVNOs include Tesco Mobile and Ikea Family in the UK, as well as 7-Connect by 7 Eleven in Singapore.

ICT Consultancy, Ovum in its report “Global MVNO Outlook 2010-2015” reported that global MVNOs revenues are estimated to be US$9.5 billion by 2015 with MVNO revenue in Asia Pacific expected to hit US$980 million and Malaysia, US$65 million.

U Mobile CEO Jaffa Sany Ariffin said the partnership with EA was a win-win collaboration which would help expand its customer base and reach new customer segments. With the partnership, Jaffa also mentioned that he anticipates U Mobile’s subscriber base to grow from its four million mark now, although no quoted numbers were given. Earlier in the year, U Mobile  announced that it aims to capture between 15% and 20% of subscribers marketshare within five years, up from the current 10% it has now.

 

Global Mobile Virtual Network Operator (MVNO) Market to Exceed US$ 75.5 Bn by 2023

  • According to a new market report published by Credence Research, Inc., “Mobile Virtual Network Operator (MVNO) Market (By Subscriber (Consumer and Enterprise), By Type (Business MVNO, Cellular M2M MVNO, Discount MVNO, Lifestyle/Entertainment MVNO, Retail MVNO, Migrant MVNO, Telecom MVNO, and Others), By Operational Model (Service Operator MVNO, Reseller MVNO, and Full MVNO)) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023”, the MVNO market is expected to exceed US$ 75.5 Bn by 2023, witnessing a growth of 7.1% CAGR during the forecast period 2016-2023.
     
    Browse the full Mobile Virtual Network Operator (MVNO) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023 report at http://www.credenceresearch.com/report/mobile-virtual-network-operator-mvno-market

Market Insights:

Mobile Virtual Network Operators (MVNO) are wireless communication service providers who do not have network infrastructure of their own, but offer wireless communication services through an agreement/contract with other mobile network operators. Thus, MVNOs gain bulk access to communication services at wholesale rates and set retail price of their offerings independently. Similar to mobile network operators, MVNOs may have their own customer service centers, billing systems, and even subscriber identity module (SIM) card under their own brand name. The issues related with technical complexities (network and IT integration between the MVNO and operator) and cost (both capital expenditure and operating expenditure) are some of the factors inhibiting the market growth. However, the impact of these challenges is expected to subdue over the forecast period since such issues are now majorly addressed by MVNAs (Mobile Virtual Network Aggregators) and MVNEs (Mobile Virtual Network Enablers), who act as facilitators between MVNOs and mobile network operators.

Mobile Virtual Network Operator (MVNO) Market

Success Factors:

Some of the critical factors that hold key to succeed in the global Mobile Virtual Network Operator (MVNO) market include

  • Robust Sales and Distribution Network

It enables MVNOs to react quickly to the ever-changing demands and meet customer requirements effectively. The bigger the sales and distribution network, easier it becomes for customers to avail MVNO service.

  • Unique Value Proposition

Unlike traditional network operators who purely focus on mass markets, MVNOs should strive to understand distinct requirements of different end-use segments and develop unique service offerings accordingly. MVNOs should target one of the niche end-use segments and provide competitive and distinct plans with the operator.

  • Strategic Partnerships Across the Value Chain

Another key success factor for MVNOs is to build strong partnership with an operator, thereby ensuring a balanced revenue-sharing model to support their business and operating model.

  • Customer Base

An existing customer base is crucial to MVNO success. In the recent past, many successful MVNOs have been successful in penetrating the telecom market by using the existing customer bases of their allies.

 

Budget Center Inc (BDGN)

0.0470 +0.0033 (+7.55%) 09/05/17 [OTHER OTC]
BARCHART OPINION for Tue, Sep 5th, 2017
 
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Overall Average:

100% BUY

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100 - Day Average Volume: 233,507 Average: 100% BUY

 
       Intro and DD compiled by Wreckingballer! Disclaimer: The moderators do not any resposibility for the information posted.  It is all opinion based on public informaiton found in various online sources.  Trade at your own risk that you can afford to lose but more important what you want to gain!                     
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PostSubject
#2518  Sticky Note DD 101 ThePunisher123 09/19/17 10:56:03 PM
#2438  Sticky Note Another new tweet out by the CEO. Wreckingballer 09/17/17 11:56:14 PM
#1900  Sticky Note Great articles for DD! Enjoy the reading! Wreckingballer 08/18/17 12:32:49 AM
#2538   Good morning all. Reverse merger news any day fl_exec 09/22/17 08:13:25 AM
#2537   I got some friends interested in buying tomorrow, ThePunisher123 09/22/17 12:54:11 AM
#2536   FLOAT LOCKED! Any buying pressure and this thing Wreckingballer 09/21/17 04:12:09 PM
#2535   Im smelling a break of .05 soon as Wreckingballer 09/21/17 12:46:19 PM
#2534   Lmao!!! I have the notifications on, so I ThePunisher123 09/21/17 09:43:44 AM
#2533   Yeah someone posted a picture of the punisher fl_exec 09/21/17 09:37:29 AM
#2532   That definitely sucks... I've seen this happen to ThePunisher123 09/21/17 09:32:15 AM
#2531   Ok sorry to post this but the Twitter fl_exec 09/21/17 07:11:31 AM
#2530   Agreed. These shares are locked tight. NITE wants Crusty Banana 09/20/17 07:19:31 PM
#2529   Shares are locked tight and I continue to Wreckingballer 09/20/17 06:20:09 PM
#2528   I would vote on "Good" for those that ThePunisher123 09/20/17 03:39:43 PM
#2527   MM's playing games! Good or bad? :-) fl_exec 09/20/17 03:13:48 PM
#2526   Pretty good here & I agree with you ThePunisher123 09/20/17 01:42:30 PM
#2525   Just checking in with the board! How we fl_exec 09/20/17 12:50:23 PM
#2524   This is right on!!! Thank you PUNISHER! fl_exec 09/20/17 09:50:51 AM
#2523   Good morning everyone, ThePunisher123 09/20/17 09:50:28 AM
#2522   BRAVO!!! yaadmon 09/19/17 11:05:47 PM
#2521   Awesome post and being true to your name! Wreckingballer 09/19/17 11:04:57 PM
#2520   Yep BLight1911 09/19/17 11:04:36 PM
#2519   I don't plan on being out for a while. BLight1911 09/19/17 10:56:29 PM
#2518   DD 101 ThePunisher123 09/19/17 10:56:03 PM
#2517   Volatility is fun?? just don't be out when Crusty Banana 09/19/17 10:53:15 PM
#2516   Hang on...the low float will make it move BLight1911 09/19/17 10:50:48 PM
#2515   Welcome! Perfect timing! fl_exec 09/19/17 10:46:29 PM
#2514   Welcome intended. I just want to say that ThePunisher123 09/19/17 10:40:23 PM
#2513   I was trying to explain to the simple BLight1911 09/19/17 10:38:28 PM
#2512   Welcome aboard! Wreckingballer 09/19/17 10:36:48 PM
#2511   Not anymore its not. We are now an Wreckingballer 09/19/17 10:36:21 PM
#2510   So sad lol Do some DD as this Wreckingballer 09/19/17 10:35:22 PM
#2509   Wrong again lmfao. Here is the company's website. Wreckingballer 09/19/17 10:33:45 PM
#2508   Yeah...it's called an empty shell. BLight1911 09/19/17 10:33:02 PM
#2507   Lmfao thats an old website is what that Wreckingballer 09/19/17 10:32:01 PM
#2506   Took a starter here today. DD looks good intended 09/19/17 10:31:56 PM
#2505   Nothing, the company does no business phrocks 09/19/17 10:31:27 PM
#2504   What does the domain name have do with BLight1911 09/19/17 10:30:15 PM
#2503   Exactly, that's the company, they own domain names (lol) phrocks 09/19/17 10:29:26 PM
#2502   That appears to be what looks like Budget BLight1911 09/19/17 10:17:24 PM
#2501   Then what's this: http://www.budgetcenterinc.com phrocks 09/19/17 10:14:08 PM
#2500   When a company changes its name you can Wreckingballer 09/19/17 09:36:29 PM
#2499   CEO Tweeting again. fl_exec 09/19/17 09:31:28 PM
#2498   Hey wrecking ball. Do you have anything that fl_exec 09/19/17 09:28:16 PM
#2497   Their number is +60 11-3400 4400 You Wreckingballer 09/19/17 07:12:56 PM
#2496   Is there any way to contact these guys? buxmaker 09/19/17 06:07:42 PM
#2495   Squeeze NITE and CDEL and make them cover higher! Wreckingballer 09/19/17 02:22:14 PM
#2494   Glad someone else see's that too. We need ThePunisher123 09/19/17 02:03:24 PM
#2493   CDEL & NITE are short! Let's squeegee Yoyopenny 09/19/17 01:59:36 PM
#2492   Lol. Thank you. BS people doing GunShow_Trader 09/19/17 01:36:07 PM
#2491   Get off the ask shmucks before I take Wreckingballer 09/19/17 11:59:22 AM
#2490   MACD flipped positive. Time to run now! Wreckingballer 09/19/17 11:45:38 AM
#2489   Lets take that wall down at .0495. Wreckingballer 09/19/17 11:16:57 AM
PostSubject