Saturday, 5 September 2009

Tune Talk already looking for international expansion – Singapore

Tune Talk has been live in Malaysia for less than 1 month and has already signed up over 20,000 subscribers according to local reports from The Star. Following on from this success Tune Talk has been in negotiations with Singapore’s three MNOs and a deal has reportedly been agreed for a launch over M1’s network during Q2 2010.

Regarding the Malaysian MVNO, Jason Lo, Chief Executive Officer of Tune Talk is quoted saying: “Our target is to have 3,000 to 5,000 new activations a day”. The company has averaged around 1,100 sign ups a day since 19th August. Lo reaffirmed that the MVNO is on track for 1 million subscribers by August 2010.

Tune Talk in Malaysia is 38% owned by its network partner Celcom. No details have yet been released as to the terms of the Singapore agreement with M1, or if this is an agreement with Tune Talk Malaysia as a parent company in Singapore or whether it will be a tie up between M1 and Tune Ventures.