MobileNXT launches concept store in Hubli

Hubli, Aug 23: MobileNXT Teleservices Private Limited, India's first mobile retail chain, launched the first of its kind concept store here today.

Speaking on the occasion, company's founder and CEO Vijay Menon said this was the fifth store in the country and second in Karnataka after Mangalore and aimed to offer a world-class shopping experience to the telecom buyer offering a host of mobile products, services and value adds.

He said that ''our primary focus is on creating on organized retail format in the under-served tier two and tier three cities whereas our presence in large metros will be through shop-in-shop formats and malls thereby establishing a presence in the leading, relatively saturated markets of the country.

Replying to a question, Mr Menon said the company proposed to open 31 outlets in the country and to do a business of Rs 48 crore and 170 branches in three years with a business target of Rs 180 crore.

To another question, he said apart from being a one-stop shop offering mobile handsets, mobile accessories, choice of cellular service provider, value adds, data transfer facilities and an unique exchange programme ''NXTChange'' was also backed by a strong after sales service.

''In addition, the store provides an integrated call centre facility where information related to any product category or service can be sought. The products on sale will include GSM and CDMA handsets from all the top manufacturers across the globe'', he added.

UNI