YuanTel Achieves Significant Milestone of First Million User Activations

Aug 17, 2015, 08:00 ET from YuanTel

BEIJING, Aug. 17, 2015 /PRNewswire/ --  YuanTel Communications, a leading provider of integrated communications service in China, today announced that it crossed 1 million activations on August 11, 2015. Among all the 42 MVNO licensees, it is now ranked #2 in operator settlements and #3 in total number of activations.

From zero to over a million users, YuanTel reached this significant milestone in less than ten months, growing its user base by an average of 100,000 monthly and 3,000 daily. Such rapid progress in the generally stagnant domestic virtual-business market is an incredible feat. The news of YuanTel's performance will undoubtedly boost the market of the mobile virtual operators.

When asked how the company achieved such solid results in unfavourable circumstances, "The company put laser focus on operational processes, production innovation and developing multiple channels since the day it obtained the business licence for mobile virtual network operation," said Wang Lei, COO of YuanTel.

While refining the operational processes for efficiencies and enhancing the building of the general resale of telecommunication service systems, including those of the IT, tariff, charging and customer service, YuanTel also built a real-name-verification system solution and a disaster recovery system of different places that have been developed.

YuanTel has focused on small and medium enterprises and has built an integrated end-to-end innovative platform. As part of this, it launched the "One-stop service app" that achieved "on hand" business handling, "fast charging" of tariff, "fast picking" of numbers and customised number prefix. In conjunction with the company's offerings, a business model for "entrepreneurship and innovation" was introduced to strengthen the company's stance in this segment of the market.

YuanTel's strategy for building sales channels is based on tiered physical stores and service points: flagship stores, experience stores and retail points to strengthen its capability for effective regional operations. To date, YuanTel covers 42 cities, has 48 strategic partners and 27 physical stores and has launched 80 regional self-operated online package deals.

According to industry analysts, virtual operators will see their total user base exceed 20 million by the end of the year. To YuanTel, which now has over a million users and is still in its infancy as a virtual mobile operator, this projection is crucially important. These one million users have laid a solid foundation for the New Era, the resale of telecommunication service of YuanTel, as it adjusts to the future markets and drives innovative market models for governments and enterprises.

About YuanTel Communication

As a leading provider of integrated communications service in China, YuanTel is committed to innovation and market growth of internet communications products. Backed by a decade of technological development and expertise, YuanTel follows the rapid growth trends of mobile internet and mobile office, and provides enterprises and industry users with customized products and solutions through a virtual operating platform.