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Article: MVNOs: movers and money makers: mobile virtual operators see opportunity ahead.(Mobile Futures; Mobile Virtual Network Operator)(Industry Overview)
- Article from:
- Telecommunications (International Edition)
- Article date:
- September 1, 2003
- Author:
CopyrightCOPYRIGHT 2003 Horizon House Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Despite its capital-intensive nature, the telecom business has been a wonderful money-spinner--because everyone really does love to talk. Given this, the ideal moneymaking scenario would, surely, be a telecom business without those irritating network costs. This is just the model that some companies have striven to build by setting up an MVNO.
What is an MVNO?
MVNO stands for Mobile Virtual Network Operator, but it means different things to different people. "The key aspect is the company does not have a network. They buy airtime--often in bulk--and package it out," says Quentin Woodley, a director at McKinsey.
According to the UK regulator, ...