March 08, 2006
MVNOs don't make money
GigaOM : » MVNOs Not Making Money? Surprised?
* Virgin Mobile UK is profitable, but the company has been in operation since 1999.
* Tracfone has been in the market for a few years and sees EBITDA margins at around 10–15 percent.
* Telmore, a low-cost MVNOs, had even lower EBITDA margins at YE2004.
Their data shows that MVNOs account for 2.75% of the total world’s mobile users and is projected to rise to 3.3% by 2010, reaching more than 100 million subscribers.
So they don't make money. Umm... except the ones that do.
Posted by amol at March 8, 2006 07:45 PM
