BWI: Plintron and Lycamobile Announce Business Partnership to Globally Roll Out Offerings in the Mobile Virtual Network Aggregator Market

Press release from Business Wire India
Source: Plintron Global Technology Solutions Private Limited (Plintron)
Monday, September 05, 2011 04:32 PM IST (11:02 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Telecommunications; Technology
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Plintron and Lycamobile Announce Business Partnership to Globally Roll Out Offerings in the Mobile Virtual Network Aggregator Market


Chennai, Tamil Nadu, India, Monday, September 05, 2011 -- (Business Wire India) -- Plintron Global Technology Solutions Private Limited (Plintron), a niche player in Enterprise Mobile Convergence and Lycamobile, the largest global MVNO, today formally announced their global partnership to lead the MVNA (Mobile Virtual Network Aggregator) market. To formalize the announcement, a 'Memorandum of Understanding' (MoU) was signed today.

This partnership builds on Plintron's successful 14 country launch of Lycamobile's services and hosting on a private cloud based mobile core network infrastructure. In the last one year, Plintron and Lycamobile, jointly have been instrumental in commercialization of the MVNA business model in the UK. MVNA is a partnership of a Mobile Virtual Network Operator (MVNO) and Mobile Virtual Network Enabler (MVNE) to enable mobile telephony based services for other brands. This service will enable a range of brands to launch a mobile proposition to complement their core businesses in the most efficient cost and timeframe.

Speaking on the occasion, Mr. Mohan Kumar, Founder & CEO, Plintron said, "In the dynamically growing telecom industry, the MVNA model would play a vantage role in the coming years. With the market promise of multi-billion Euros turnover, in the MVNO (Mobile Virtual Network Operator) market alone, the initiation of MVNA model based solutions have a definite potential of enormous margins that it could fetch. Plintron holds a nice and specialised strength of experience, domain knowledge to offer solutions to small to larger MVNA businesses. We aim to get 10% market share in the initial phase."

The quick turn-around time of solutions and execution, that Plintron is known for, plays an important part in increasing revenue for client companies. The current partnership with Lycamobile will be initially started in Europe and Australia", Mohan Kumar added "We are very happy about our partnership with Plintron and we are closely working with them to enable various industry offerings to all our customer segments through Plintron mobile convergence platforms", said Mr. Subaskaran Allirajah, Chairman, Lycamobile Group.

Mr. Milind Kangle, Group CEO, Lycamobile said, "Plintron and Lycamobile have a strong relationship and have a long-term technology and managed services contract. We are very happy with their ability to support quick go-to market strategy and high quality services which has enabled us to operate in 14 countries. We are very confident of Plintron's capabilities in helping us achieve our mission of acquiring 20 million global customers by 2012."

A study says that by the year 2015, 80% of people in the world using mobiles will be accessing the internet entirely via mobile instruments. With such a phenomenally growing mobile telephony industry, mobile technology and convergence continues to merit close attention as an enabler to many verticals as well. Speaking on this, Ms. Subhashree Radhakrishnan, Co-Founder & COO, Plintron said, "Plintron is renowned for its quick turn-around time of solutions and execution of end-to-end or customised offerings.

We have developed in-house mobile telephony platforms and has commercialized in 17 countries, and processes close to 80 million minutes per day amounting to 2.4 billion minutes a month. In the one year, we have forayed into the Financial Services domain that supports card issuance of prepaid money cards. We are also expanding our services in the Travel domain. Projects are already piloted in Plintron's platform with a leading global distribution system in travel industry to enable e-ticketing and travel in the UK." "This means a paradigm shift is already visible in internet-enabled solutions by convergence of mobile technology into various domains", she added.

To view the photograph, please click on the link given below:

Ms. Subhashree Radhakrishnan, Co-Founder & COO, Plintron, Mr. Milind Kangle, Group CEO, Lycamobile, Mr. Subaskaran Allirajah, Chairman, Lycamobile Group, Mr. Mohan Kumar, Founder & CEO, Plintron, Mr. Prem Sivasamy, COO, Lycamobile

For picture(s)/data to illustrate this release click below:

http://www.BusinessWireIndia.com/attachments/1(117).JPG
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CONTACT DETAILS
Riya Rangan, Head - Marketing & Communications, Plintron, +91 8056040133, riya.rs@plintron.com
Chris Liveing, Marketing Director, Lycamobile, +44 (0) 207 536 6568, chris.liveing@lycamobile.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, TELECOMMUNICATIONS, TECHNOLOGY

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