GSMA launches online Marketplace for telecoms buyers and sellers


New Marketplace aims to simplify the buying and selling of telecoms products and services

The GSMA has launched an online e-commerce platform to bring together telecoms buyers and sellers.

The GSMA Marketplace says it will tackle what the trade body terms as “inefficient” procurement processes in the telecoms industry.

1,300 companies have already signed to the service that allows them to create a personalised storefront to promote their services. Sellers will be charged an annual fee of $1500 for the service with buyers able to use it for free.

The first phase of the Marketplace’s launch will see buyers be able to search, discover and make contact with sellers. Future developments will be driven by feedback from partners.

The GSMA claims that it was set up in response to demand from its members and will cut the time down that buyers spend on researching and acquiring new products.

“Whether you are a buyer looking for greater innovation or better prices in your procurement of products or services, or a seller seeking to win new business and enter new markets, the GSMA Marketplace will let you browse, contact and connect with companies who can help you achieve your objectives,” said GSMA chief executive officer John Hoffman.

“Our members asked us to set up the GSMA Marketplace and as an industry association we are in a unique position to attract buyers and sellers in telecoms from all over the world. We are focused on establishing it as the premier online destination to do business in the future.”