Truphone announced that it is in the process of acquiring SIM4travel's assets — including infrastructure, customer base, distribution and staff in Portugal and London — with an idea to complete its “GSM core network” and move beyond low-cost WiFi calls.
The buy means that Truphone will acquire both SIM4travel's travel SIM ability and its Mobile Virtual Network Enabler (MVNE) platform. Integration of SIM4travel's assets into Truphone's own portfolio will start immediately and take several months to finish.
To put it in other words - Truphone is preparing to launch a single, worldwide, Truphone SIM that would grant users to make cheap phone calls even when they're out of WiFi zone. No dates were given, only the mystical “soon.” We're watching closely…
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