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Wireless

Virgin to launch MVNO in LatAm with Tribe Mobile

Tuesday 7 June 2011 | 07:32 CET | News
Virgin Group plans to launch Virgin-branded MVNO services in Latin America. The service will be provided in partnership with wireless communications company Tribe Mobile. Virgin will launch its first MVNO business in the region within the next 12 to 15 months. The two partners plan to invest around USD 300 million over the next five years to roll out the mobile operations across Latin America, FT reports. Rather than building their own costly networks, the partners will become MVNOs in each market, buying capacity from existing mobile network operators and reselling it as their own branded

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Categories: Mobile & Wireless
Companies: Virgin Mobile
Countries: Latin America
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