Wednesday, 25 July 2012

£500m revenue and a profit, Lebara shows MVNO success

Lebara Mobile has shown the mobile sector that even in a recession and no matter how many analysts try to talk down MVNOs, there is profit to be made and success to be had. London Loves Business have taken a good look at the Lebara operation and recognised the flare involved in making an idea into a profitable MVNO. 

For me, what stands out most about the article is Ratheesan Yoganathan, CEO of Lebara, stating: “I think there is room for much more than the €648m we generated as revenue last year. I want to see the company achieving its goal of being the choice of brand of one billion customers by 2020, I don’t want to call it quits before that.”