Truphone Makes Acquisition of SIM4travel

truphone_logo.jpgTruphone has concluded an agreement to purchase the business of SIM4travel by way of an asset purchase agreement. The purchase means that Truphone will acquire both SIM4travel’s travel SIM capability and its Mobile Virtual Network Enabler platform. Integration of SIM4travel’s assets into Truphone’s own portfolio will begin immediately and take several months to complete.

Through the purchase, Truphone will take ownership of SIM4travel’s infrastructure, customer base, distribution and staff in Portugal and London.

James Tagg, Truphone’s CEO, said: “This completes Truphone’s GSM core network, allowing us to offer global mobile operator services. We’re already enabling customers to make low-cost Wi-Fi calls and soon we’ll be able to provide the added convenience of low-cost GSM calls too, all on a single, worldwide, Truphone SIM.”


Posted on Apr 11, 2008  Comments | Email |  Digg
Filed in:

Related Entries

• iSkoot Acquires Social.IM
• IPtimize More than Doubles its VoIP Customer Base with Acquisition
• Five Year Old VoipReview.org Sold to Undisclosed Venture
• Woize Enters Agreement to Acquire Smart Devices
• CounterPath Moves into Mobile Enterprise with Acquisition
• Vyke Acquires UK-based Telecom Callserve

Post a Comment

Please use a valid e-mail address. Your address will not be publicly visible and is only a means for us to contact you when asked. Thank you.

Name
E-mail
(will show your gravatar icon)
Home page

Comment (Some html is allowed: )  

Enter the code shown (prevents robots):



  All brand, company, and product names are trademarks or registered trademarks of their
  respective owners. © 2008 VoIP Monitor. All rights reserved. Privacy Policy  Terms