Axiom Telecom
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 | |
| Industry | Telecommunications retail and Online Store |
|---|---|
| Founded | 1997 |
| Founder | Faisal Al Bannai |
Area served | United Arab Emirates, Saudi Arabia |
| Products | Smartphones, Tablets, Accessories |
| Subsidiaries | Switch, My Candy Tech [1][2] |
| Website | www |
Axiom Telecom is a technology retailer founded in 1997 by Faisal Al Bannai, with four employees at the start of its operations.[3][4] Axiom became the official distributor for mobile consumer brands in the UAE and Saudi Arabia, including Samsung, Apple, LG, HTC, Huawei, Nokia, BlackBerry, and held the largest market share in the Middle East.
In 2001, Axiom introduced its first retail outlet in the UAE.
In 2003, Axiom started its regional roll-out, and has since established a presence in Kuwait, Bahrain, Qatar, Oman, Saudi Arabia (2004), Egypt (2007), London in 2007, and India (2007).
In December 2005, TECOM Group, a member of Dubai Holding, acquired a 40 percent share of Axiom Telecom.[4][5]
Today, Axiom owns and operates stores through partner arrangements in the UAE with Spinneys and Union Co-op outlets. Axiom is also the exclusive telecom partner for Adnoc, Emarat, Enoc & Eppco petrol stations where mobile phone accessories are sold in over 350 locations.
In June 2011, Dubai Holding sold 14% of Axiom Telecom.[6]
In 2013, 2014, and 2016, Axiom Telecom applied for an MVNO license to operate in Saudi Arabia.
In 2017, Axiom Telecom has moved to Dubai Silicon Oasis from Jumeirah Lakes Towers.