Ufone and Faysal Bank offered smartphones on zero interest installments

Ufone and Faysal Bank offered smartphones on zero interest installments

Samsung Galaxy S4, Blackberry Q10 and Blackberry Z10 Smartphones will be offered on 12 months installments

Islamabad (Saturday, August 31, 2013) – Ufone, an Etisalat group company, and Faysal Bank have jointly introduced an industry first contract package plan on zero interest.

Samsung Galaxy S-IV Smartphone

Samsung Galaxy S-IV Smartphone

In this regard, a Memorandum of Understanding (MoU) was signed between Ufone President and CEO Abdul Aziz and Faysal Bank President and CEO Naveed A. Khan in a ceremony at a local hotel on Friday.

The package plan is a 360-degree solution with a unique tailor-made contract plan package bundled with top of the line smart phones.

This exclusive package not only offers smartphones at discounted rates but also an easy payment option through instalments along with enormous savings on the voice plan and a complimentary Golden Category Special number, if required. This service is for Faysal Bank’s credit card customers and is offered with no mark-up or down payment.

Commenting on the launch of this new offer, Aziz said, “Ufone has always endeavoured to offer the most affordable and exceptional services for its customers. The aim of this ‘never-done-before’ partnership is to extract the true value of a Postpay connection as seen in developed nations which pre-dominantly are the postpaid markets and offer handset over instalments bundled with a high value voice plan and data needs. In contrast the only differentiation currently found in the local industry between postpaid and prepaid is based on the billing type with little or no perceived value over connection preference.”

On this occasion, Khan commented, “Faysal bank has always strived to provide exceptional value and innovative solutions to our customers and we are delighted to have partnered with Ufone in providing smart solutions to our customers’ lifestyle needs. We believe today’s smartphone user is highly aware of their needs and a market opportunity existed for us to bring innovation and ease of use to the client with custom options such as unlimited access to the online world. Recognising such needs we have coupled unlimited data and SMS services along with hundreds of free voice minutes offered under this deal.”

Currently, three devices are being offered in this promotion including Samsung S4, Blackberry Q10 and Blackberry Z10. The instalment plan is for 12 months, which comprises of no mark-up or any other extra charges, only the instalment price of the phone and the voice plan bundle charges are included. However, the plan shall continue to add other upcoming top of the line smartphones as they are launched in Pakistan

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