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Corporate Profile

"The only thing constant in this world is change. We are always fuelled by the desire to make a difference, bring about the change for better. We dream about continuously enriching the mobile society, enabling them to live life to its fullest and bringing their dreams alive."

SEVAK operates in the following key segments:

Distributor for Telecom Carriers

The Company distributes mobile prepaid cards on behalf of the following well-established telecom operators in Indonesia: PT Telekomunikasi Selular (Telkomsel), PT XL Axiata, and PT Indosat in Indonesia (“Airtime Business”). The distribution is based on a network of more than 55,000 resellers, 300 dealers and sub-dealers, along with a network of 21 branch offices and 39 sub-branch offices in Indonesia. As one of the three largest distributors for Telkomsel which holds a market share of more than 60% of Indonesia’s airtime business, the Company has enjoyed a consistent Platinum and Gold partnership for three consecutive years.

Distributor of Mobile Devices

The Company is primarily involved in the procurement and sale of both mobile devices and related services. The Company leverages its strategic partnership with Google Inc. as well as tie-ups with key e-commerce marketplaces to sell its Android-One smartphone under the “Nexian” brand in Southeast Asia. By running a selection of niche retail stores in Indonesia, the Company sells mobile handsets and accessories under the “Selular Shop” brand.

IT Distribution and Services

Based on partnerships with global players like IBM and HP, the Company provides both hardware infrastructure and business service integration for governments and corporate clients in Southeast Asia. Not only does the Company offer integrated one-stop ICT solutions ranging from consultancy to maintenance and disaster recovery services, but also does it undertake projects on Networking, Data Hosting, and Managed Service solutions.

History and Background

On 15 July 1993, the Company was incorporated in Singapore under the name of Mediacom Technologies Pte Ltd. Subsequently, it was converted to a public limited company on 25 October 1999, accompanied by a change of name to Ltd. On 6 November 2002, the Company changed its name to MediaRing Ltd. before it got finally changed to Spice i2i Limited on 30 April 2010.

Following both SEVAK’s integration into the Spice Global network and the launch of the Spice i2i brand, the Company acquired strategic companies in Malaysia, Thailand, and Indonesia. After a re-evaluation and restructuring of its business units, the Company has reinforced its focus on products and services in segments such as telecom value added services, high-end consumer mobility products as well as IT related professional and managed services.

Since 1999 Spice i2i Limited is listed on the Main board of the Singapore Exchange Securities Trading Limited and operates under the ticker symbol SGX: M09.

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