Plintron, Lycamobile enters Partnership to lead MVNA market
Plintron Global Technology Solutions Private Limited (Plintron) and Lycamobile has announced their global partnership to lead the MVNA (Mobile Virtual Network Aggregator) market.
This partnership builds on Plintron's successful 14 country launch of Lycamobile's services and hosting on a private cloud based mobile core network infrastructure. In the last one year, Plintron and Lycamobile jointly have been instrumental in commercialization of the MVNA business model in the UK. MVNA is a partnership of a Mobile Virtual Network Operator (MVNO) and Mobile Virtual Network Enabler (MVNE) to enable mobile telephony based services for other brands. This service will enable a range of brands to launch a mobile proposition to complement their core businesses in the most efficient cost and timeframe.
Mohan Kumar, Founder & CEO, Plintron said, "In the dynamically growing telecom industry, the MVNA model would play a vantage role in the coming years. With the market promise of multi-billion Euros turnover, in the MVNO (Mobile Virtual Network Operator) market alone, the initiation of MVNA model based solutions have a definite potential of enormous margins that it could fetch. Plintron holds a nice and specialised strength of experience, domain knowledge to offer solutions to small to larger MVNA businesses. We aim to get 10% market share in the initial phase."
Subaskaran Allirajah, Chairman, Lycamobile Group said, "The quick turn-around time of solutions and execution, that Plintron is known for, plays an important part in increasing revenue for client companies. The current partnership with Lycamobile will be initially started in Europe and Australia. We are very happy about our partnership with Plintron and we are closely working with them to enable various industry offerings to all our customer segments through Plintron mobile convergence platforms."
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