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03 September 2012
MVNO Lycamobile is reportedly planning to launch services in the US and Canada next month as part of a plan to double its revenue from the more than €1 billion recorded this year.
The Financial Times
reports that the group is in the final stages of technology
testing for its North American network and will set up its own
data centres in the region to manage voice and data
Lycamobile, which provides international calls without roaming
charges, will focus its offering on key markets, including;
California, New York and New Jersey.
Subaskaran Allirajah, chairman of Lycamobile, told the
publication that the company would be the first full MVNO in
the US. He also said that the launch will make services
available to an additional 300 million people, from the 500
million already able to access services in Europe and
Group CEO, Milind Kangle, said that Lyca believed its main
competitors to be free messaging services like Skype rather
than other mobile networks targeting a similar
Kangle also revealed that the group had the financial capacity
to continue to open networks globally, and expand its Lyca
Money and Lyca Travel businesses.