IMImobile, a leading provider of converged mobile and online technology platforms and content services worldwide, has announced the purchase of Music2You (M2Y), a service previously provided by Nokia Siemens Networks. The purchase will enable IMImobile to enhance their delivery of value-added services to telecom operators and media companies worldwide.
Patrik Sallner, Global Head of Hosting Services, Nokia Siemens Networks, commented: “We decided to exit the Music2You business and to focus our hosting business on hosting MVNO solutions and messaging to serve the needs of the diverse customer base in the transforming industry”.
The MVNO market now numbers over 600 operations. Their proliferation is widespread throughout Europe, North America and many Asian countries and more recently the sector has seen launches in the Middle East. The sector contains headline grabbing operations with activities in multiple markets through to small players with revenue positive operations based upon incredibly niche markets. As a sector the MVNO market is incredibly active with launches, buy outs and failures.
