10/1/2009 2:52:00 PM
T-Mobile agrees new MVNO partnership with Vectone
T-Mobile has expanded its MVNO partnerships to nine by teaming up with Vectone Mobile for an ethnic targeted MVNO aimed to take on Lebara and Lyca.
The operator claims that it now has 50% of the wholesale market, while this is its first move into the ethnic customer base.
Vectone is already established across Europe and has over one million customers in five countries.
T-Mobile, managing director Richard Moat said: ‘We are delighted to be supporting Vectone’s ambitious expansion plans for the UK market. The deal with Vectone signals our intent to become a major player in the ethnic MVNO arena.
‘With international calling card minutes rapidly migrating to mobile, this is an excellent time to be forging new partnerships in a segment which is showing signs of bucking the recession with strong projected growth rates.
‘Vectone builds on our eight existing MVNO partnerships and underlines our ambitions to target new growth areas in the wholesale market.’