Press Release

Press Release

Bubbletone First Member of SAMENA Council with Dedicated Focus on Blockchain Development

SAMENA Telecommunications Council has announced that Bubbletone, a wholly-owned brand of Clementvale, has joined its membership with the purpose of contributing to building the blockchain ecosystem in the South Asia - Middle East - North Africa region. Both SAMENA Council, as an operator interest and advocacy industry body and Bubbletone, as an emerging leader in blockchain technology, especially targeting an improved cross-border communication experience for telecom operators' customers, view the need for digital transformation and value-creation in this age of digital economy through blockchain among elemental steps toward equipping telecom operators to enhance their customers' digital experience and revenues.

Mr. Bocar BA, CEO and Board Member of SAMENA Council, welcoming Mr. Yuri Morozov, CEO and Mr. Oleg Pravdin, CTO, and congratulating Bubbletone on being the first member of the Council, wholly dedicated to developing blockchain among telecom operators, stated: "Our Industry today has the most complex operations framework, with latest technologies and new stakeholders in the digital ecosystem emerging at a fast pace. There exists much room for efficiency, secure and cost-effective communication for end-users, and reliable partnerships among telecom operators and new-generation digital service providers. As Bubbletone focuses on blockchain development and is starting its business operations by offering roaming-centric solutions and by bringing together mobile service providers, specialized service companies and users of mobile devices, who will be able to enjoy top-quality communications at reasonable prices, SAMENA Council feels an utterly new genre of communications services is being created. The efficiency and secure identification that Bubbletone's blockchain solutions make so easy to achieve through blockchain, have tremendous potential for growth and adoption among operators of the SAMENA region."

“We are very glad to become a member of one of the foremost telecommunications association that cherishes innovation and creates necessary conditions for bringing this innovation into the telecom industry. Our mission is to implement blockchain technology in the telecom and develop its standards for the industry players. Thanks to our membership, we will be able to provide operators from South Asia, Middle East, and North Africa with an opportunity to fully enjoy benefits that blockchain brings -secure and direct interaction that results in new clients and revenue growth”, said Yuri Morozov, CEO and Founder of Bubbletone Blockchain for Telecom.

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About SAMENA Telecommunications Council
SAMENA Telecommunications Council is South Asia - Middle East - North Africa (SAMENA) region’s premier industry association of telecom operators and service providers. SAMENA Council voices network operators’ issues and needs to regulators, policymakers, and international institutions. The most renowned regional telecom operators, including Saudi Telecom, Etisalat, Batelco Group, du, Viva Kuwait, Orange - MEA, Zain Group, Telecom Egypt, Sudatel, Omantel, and Alfa (managed by Orascom TMT), among other leading operators and technology companies, are a part of the Council’s membership. SAMENA Council is a sector development partner to the private and the public sectors, and empowers stakeholders to communicate together and addressing the most pressing industry issues, in order to help create a sustainable business environment for the industry, and to accelerate digital development in regional economies.

As an international non-profit organization, SAMENA Council is contributing to the understanding of cross-stakeholder priorities within the public and the private sectors. The Council has created a unique regional position as the regulatory reach and operator advocacy organization, promoting institution-level engagements with leading private and public-sector organizations.

SAMENA Council was founded in 2006. In February 2018 in Barcelona, Saudi Telecom Company, represented by Eng. Nasser Al Nasser as its GCEO, was re-elected to chair the Board of Directors of SAMENA Council.

About Bubbletone
Bubbletone is a brand of Clementvale Ltd - an operating company based in Dublin, Ireland. Clementvale Ltd is a team of telecom professionals who have been successfully running multiple telecom and software development businesses for more than 20 years. The Bubbletone team is developing a private blockchain for the telecom industry that provides mobile network operators and service providers with an opportunity to interact securely and directly via smart-contracts, i.e. without any intermediators, agreements or commitments. As a result, any operator can become global and get direct access to the international telecom market. Operators and service providers can increase the number of their clients and their revenue without making any investments or conducting any complex network integrations. Meanwhile, the platform enables end users to instantly purchase service packages at the rates of local operators using their existing SIM card all over the globe. More information about Bubbletone is available here: https://blockchaintele.com/.