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    Home » Sections » Telecoms » Win for MTN as Standard Bank makes MVNO shift

    Win for MTN as Standard Bank makes MVNO shift

    Standard Bank’s mobile virtual network operator has partnered with MTN for network services.
    By Staff Reporter12 June 2024
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    Win for MTN as Standard Bank makes MVNO shift - Kartik Mistry
    Kartik Mistry

    Standard Bank’s mobile virtual network operator (MVNO) has partnered with MTN South Africa for network services.

    Standard Bank Mobile, which is one of South Africa’s longer-running MVNOs, said in a statement on Wednesday that it is also changing its name – to Standard Bank Connect – as part of a “new strategic direction”.

    As part of this shift, it is introducing a new set of data and voice packages. Standard Bank had previously partnered with Cell C for MVNO services. MVNOs like Standard Bank’s don’t build their own network infrastructure, partnering instead with network operators and other “MVNO enablement” providers to offer telecommunications services to their clients.

    The transition will be gradual, where we invite our customers to join us on our pilot programme

    “The transition will be gradual, where we invite our customers to join us on our pilot programme, helping us to build meaningful services together and experiencing Standard Bank on MTN’s wide network,” said Kartik Mistry, head of Standard Bank Connect, in the statement.

    Standard Bank introduced its MVNO in 2018 and has more than 300 000 mobile customers with bank fees offered back in airtime based on the products and services customers have with the bank.

    Under its new branding, Standard Bank Connect will offer two main types of connectivity packages: the Connected Circle and the Connected Gigs plans.

    “The Connected Circle plans cater to customers seeking both voice and data connectivity with options like Connected Circle Starter, Lite, Plus and Pro. These plans provide access to unlimited calls to selected numbers within one’s community and include inclusive data, promoting flexibility and changing the way we connect,” it said.

    Connected plans

    “For data-centric customers, the Connected Gigs plans offer high-value data bundles at competitive prices. Customers can also purchase airtime bundles for voice and SMS usage on these plans.”

    Qualifying Connected Circle and Connected Gigs plans also include monthly discounts on tech accessories of up to 50% with Standard Bank’s partnership with Dress Your Tech.

    Standard Bank said:

    • All plans are monthly. However, customers can choose to commit to their plan for three, six or 12 months for added incentives.
    • Auto top-up ensures continuous data access when needed, with no expiration on topped-up data.
    • For a limited time, customers can take up any plan for R1 and enjoy the full inclusive value of their plans till the first billing date. Plans can only be ordered online for now but will be available in selected branches soon. – © 2024 NewsCentral Media

    Read next: Standard Bank launches its MVNO

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