Lycamobile’s 5 Year Deal With Plintron Global Technology

Plintron Global Technology Solutions Private Limited, a niche player in the enterprise mobile junction and Lycamobile is a global leader in prepaid international calling cards, both leading companies have announced their global partnership to lead the MVNA (mobile virtual network aggregator) market.

Lycamobile offers low-rate international mobile calls services to immigrant communities. It extended its relationship with the Chennai-based Plintron Global Technology with a five-year deal that will bring an estimated revenue of $100 million. The global partnership aims to hit the market that is fixed at $67 billion.

In 2010, both of these global companies have commercialized the MVNA business model in the UK, said Mr. Mohan Kumar, CEO, Plintron. This partnership was made on the 14-country launch of Lycamobile's services and hosting on private cloud-based infrastructure.

Mr. Miling Kangle, CEO of the Euro-550-million Lycamobile, said that as per the agreement the company will provide services such as regulatory compliance and licenses for patrons to launch mobile services in different countries. Whereas, Plintron will provide the platform in the background. A patron can launch a new service in less than six weeks, and it may take 18-24 months if arranged by them.

Lycamobile is a prepaid SIM card product that offers low-cost international calls directly from mobile phones. It is distributed through a European network of over 300,000 retail outlets, and it is one of the largest prepaid international MVNO with 6.5 million customers across Europe and Australia. A new customer can join the Lycamobile family every 5 seconds.

Plintron is currently working on its platform with a leading global distribution system in the travel industry to enable e-ticketing and travel in the U.K. Mohan Kumar, Founder and Chief Executive Officer of Plintron, said the company planned to raise the staff strength to 1,000 by the end of 2010 from 450.

Mr. Milind Kangle, CEO of Lycamobile said, "Plintron and Lycamobile have a strong relationship, long-term technology, and managed services contract. We are happy with their capability to support a quick go-to-market strategy and high-quality services which have enabled us to operate in 14 different countries. We are very confident of Plintron's capabilities in helping us achieve our mission of acquiring 20 million global customers by 2012."

The bulk of Lycamobile revenue is generated from its SIM products. Lyca Group has started other businesses at global levels such as GT Mobile, Lycatel, Lycatalk, Lycalotto, and Lycachat. Lycalotto launched in March 2017 and it announces Lycamobile lottery winner. For more details, feel free to dial the Lycamobilehead office number.