Truphone becomes an MVNE after acqusition of SIM4travel
Mobile internet network operator Truphone has concluded an agreement to purchase the business of SIM4travel by way of an asset purchase agreement.
The purchase means that Truphone will acquire both SIM4travel’s travel SIM capability and its Mobile Virtual Network Enabler (MVNE) platform. Integration of SIM4travel’s assets into Truphone’s own portfolio will begin immediately and take several months to complete.
Through the purchase, Truphone will take ownership of SIM4travel’s infrastructure, customer base, distribution and staff in Portugal and London.
James Tagg, Truphone’s CEO, said: “This completes Truphone’s GSM core network, allowing us to offer global mobile operator services. We’re already enabling customers to make low-cost Wi-Fi calls and soon we’ll be able to provide the added convenience of low-cost GSM calls too, all on a single, worldwide, Truphone SIM.”
What we think?
Well maybe the IP company can breathe some new life into the MVNE market with reduced rate GSM calls. On the whole MVNO’s have had it tough. But, I think it’s an interesting idea. Skype has some services available on 3 UK – but quality plays huge issues as anyone that has tested the service can tell you.
Related News:
- Truphone raises £16.5m ($32.7m) in Series B round
- Low-priced international calling comes to the iPhone™, thanks to Truphone
- Mobile calls to USA and Canada: 1.5 cents per minute with Truphone
- SIM4travel adds lastminute.com to expanding distribution channel
- Truphone ‘Bad Boy’ James Tagg happy to join GSM set
One Response to “Truphone becomes an MVNE after acqusition of SIM4travel”
Bena,
I’m am very excited about this news. I read it yesterday and it means so much for the converged VOIP and GSM communities. This is the first time I have heard of something like this and I hope it won’t be the last.
By the way, can we chat one of these days?
Jeb
Comment made on April 11th, 2008 at 4:02 pmLeave a Comment