myFC and du sign an exclusive agreement for the UAE launch of fuel cell charger – JAQ

Swedish myFC and telecommunications service provider du of the United Arab Emirates have signed an initial agreement, allowing du exclusive rights to sell, distribute and market myFC’s new fuel cell charger JAQ in the UAE starting in Q2 2016.

The agreement between the companies regulates an exclusive right for du, to sell, distribute and market myFC’s new fuel cell charger JAQ and the associated PowerCards to du customers throughout the UAE including distribution of JAQ in the company’s Shops in and around Dubai, Abu Dhabi, Ajman, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Qwain, among other places.

MyFC JAQ is a revolutionary fuel cell device that creates its own electricity with a slim, recyclable single-use PowerCard, based on water and salt. The PowerCard delivers about one full smartphone charge. The PowerCards are disposable, and the only emission they give off in the creation of electricity is water vapour and heat.

In the agreement, both partners agreed on pricing for the product and target volumes. The agreed time frame is set to start selling JAQ in the UAE domain beginning Q2 in 2016.

We are very happy to work together with this region’s most forward thinking operator. We work towards and care about end-users ability to continue to stay online – and when necessary charge their smartphone completely free from the electricity grid and wall. More importantly, it is a win-win situation. The operator has access to a great deal of data created by web-hungry consumers online building top line revenue, and consumers are receiving bandwidth, whilst power is going green with environmentally friendly, future-proof instant power on the go. Björn Westerholm, CEO of myFC

We are thrilled to have joined hands with myFC to bring JAQ exclusively to our customers in the UAE. This environmentally friendly and colourful charging device will add value to our customers lives as it can provide instant charging power to them regardless of where they are, Providing our customers with exclusive products and services lets them know that they are at the forefront of all our business decisions and we look forward to offering them this new product in 2016. Fahad Al Hassawi, Chief Commercial Officer, du

About du

We started operating in 2007, offering mobile and fixed telephony, broadband connectivity and IPTV services. Today, we serve more than 7.5 million individual customers and over 80,000 businesses in the UAE. We also provide carrier services for businesses and satellite up/downlink services for TV broadcasters.

We won the Gallup Great Workplace Award. Our recruitment strategy aims to provide fulfilling opportunities for quality talent in a cosmopolitan working environment where more than 60 nationalities work 35% of which are Emiratis. We are the first telecom company in the world to release a Sustainability Report based on GRI-G4 comprehensive guidelines. Among our other laurels, we also have the credit of being the first in the UAE to be awarded with prestigious LEED Platinum certification for 2 of our green retail outlet.

du is 39.5 percent owned by Emirates Investment Authority, 20.08 percent by Mubadala Development Company PJSC, 19.5 percent by Emirates Communications and Technology LLC and the remaining by public shareholders. Listed on the Dubai Financial Market (DFM), the company trades under the name ‘du’.