Leading Chinese MVNO Snail Mobile to enter India

SHANGHAI: Snail Mobile, a leading Chinese mobile virtual network operator ( MVNO), is looking to shortly enter India, Xu Chongxian, the company's global executive director (mobile markets) told ET.

“India is on Snail's shortlist of key global markets it plans to enter in the near future, apart from the US and Africa“, said Chongxian, speaking to ET on the sidelines of GSMA Mobile World Congress 2016 in Shanghai.

Snail Mobile is the MVNO arm of China's $300 million Snail Digital Group. Apart from mobile MVNO services, Snail's core businesses include gaming content production and publishing.

Snail Mobile operates MVNO services in over 100 key cities in China by partnering with China Unicom. Snail also sells international SIM cards in over 60 countries to cater to international Chinese tourists.Chongxian said Snail Mobile would shortly start scouting for potential Indian telecom partners to stitch up possible revenue sharing pacts.

“India has a huge addressable mobile market and Snail will not give up on any opportunities to expand its global presence,“ said the company's executive director.