“MVNO Global” initiative to consolidate Europe’s mobile
players
Released on = November 6, 2005, 3:56 pm
Press Release Author = MVNO Global initiative
Industry = Telecommunications
Press Release Summary = MVNO Global initiative has announced its efforts to
consolidate already operating Europe’s virtual mobile operators (MVNO’s) in order to
create Pan Europe alternative mobile operator. Consolidation will be performed
through creating brand new type of “EU company” - The European Company; "Societas
Europaea" or SE and performed by horizontal consolidation merger.
Press Release Body =
PRESS RELEASE
FOR IMEDIATE RELEASE
“MVNO Global” initiative to consolidate Europe’s mobile players
Luxembourg (November 7, 2005) – MVNO Global initiative has announced its efforts to
consolidate already operating Europe’s virtual mobile operators (MVNO’s) in order to
create Pan Europe alternative mobile operator. Consolidation will be performed
through creating brand new type of “EU company” - The European Company; "Societas
Europaea" or SE and performed by horizontal consolidation merger.
The basic idea behind project is to create “Next generation MVNO” global network
with Europe wide coverage, consisting from all GSM/UMTS network elements, except
radio access, and centralized service platform, connected by broadband network and
binded with each countries incumbents through interconnection agreements. The target
market is medium and high-end business and residential users, other MVNO’s and
service and content providers willing to start global operations on company’s
technical platform.
At first stage of project analysis of EU15 countries mobile markets will be
performed in order to identify mobile market alternative key players and select
those will be invited to negotiate aspects of fore coming merging process.
Throughout second stage all separate networks and service offerings will be upgraded
to developed standardized platform. In third stage other countries networks will be
developed and connected.
Initiative rationale
The key principle behind initiative to merge existing MVNO’s is to create
shareholder value over and above that of the sum of the companies; hence companies
together are more valuable than separate companies. This rationale is particularly
alluring to existing MVNO’s and SP’s operating in tough mobile markets like Denmark
and Finland. The companies should come together to benefit from economies of scale,
thus reducing duplicate departments or operations, lowering the costs of the company
and increasing profit. The companies in addition benefit from synergy: better use of
complementary resources, centralized service platform and value of global brand
name.
About “Next generation MVNO” concept. Several leading industry experts identified“Next generation MVNO” concept as evolution of existing first generation MVNO
business model, based on completely different approaches: a transition away from
price competition toward innovative and higher-value services.
If initially MVNO’s offer simple discounted prepaid voice and SMS services, does not
have infrastructure and act as host network resellers under their brand, on opposite
next generation MVNO’s is going to have all GSM/UMTS network elements, except radio
access, offer sophisticated voice and data services and differentiate on services,
innovations, data offerings and customer care.
About “MVNO Global”. “MVNO Global” is a name for initiative founded by leading
experts of telecom and finance industry, striving to consolidate already operating
Europe’s MVNO’s, and to create Europe’s global alternative mobile operator. For more
information about MVNO Global Initiative, visit its portal at http://www.mvno.biz
For more information please contact:
"MVNO Global"
Boulevard Royal 26,
L-2449, Luxembourg
E-mail info@mvno.biz , Web site: www.mvno.biz
###
Web Site = http://www.mvno.biz
Contact Details = Boulevard Royal 26,
L-2449, Luxembourg
E-mail info@mvno.biz
Web site: www.mvno.biz
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