FNB Mobile is planning to launch its own virtual network operator (MVNO) soon, which will offer products that are tightly integrated with its banking services.
Industry speculation suggests FNB has been planning to launch a mobile operator for some time, but it was kept back by technical issues.
FNB already has its own Internet service provider which offer products that are integrated with its eBucks programme, and its MVNO products are also expected to offer this integration.
While recently launched MVNOs like me&you mobile and Mr Price Mobile use MVN-X to offer services, FNB is said to have its own MVNO platform.
FNB did not answer directly when asked about the MVNO, saying it “will continue to enhance its services where it benefits customers, such as providing free calls and messaging via the FNB App”.
Virginia Magapatona, FNB’s head of corporate communications, said they already have a telco license and are able to provide voice and data services.
“As one of the largest bulk SMS users and airtime distributors, we have relationships with all mobile network operators and will continue to work closely with all parties,” said Magapatona.
“We continue to hold confidential discussions with various operators, and we will only be in a position to formally announce any new features or customer benefits once launched.”