The Rise of MVNOs: How the Underdogs are Changing the Game

The global MVNO market size is projected to grow from USD 84.36 billion in 2023 to USD 149.13 billion by 2030.

However, factors such as low profit margins & reduced tariffs restrain the #MVNO market growth.

MVNOs have become increasingly popular in recent years as more companies seek to enter the mobile market. The ability to offer #mobile services under their own brand name, but rely on the #network and infrastructure of the host operator for connectivity allows new players to enter the #telco industry with lower upfront costs and without the need to invest in an expensive network infrastructure.

Also, as an MVNO, new players can focus on specific customers segments that may have been overlooked by traditional telco operators such as immigrants, low-income populations, specific age groups, tech stack, geographic locations etc.

For example, MVNOs such as Cricket Wireless, Metro By T-Mobile offer a 5G handset at zero upfront cost when a customer signs up on one of their affordable plans.?US Mobile has plans starting at $20*/month. Beast Mobile has launched an offer where customers get 5 years of free service when they buy a Samsung A12.

MVNOs also present opportunities for innovation and differentiation in the telecom industry. With their lean business models and the ability to make quick decisions, MVNOs have the opportunity to be the first to launch innovative services and grow their subscriber base. At Leste Kapital Solutions, we partner with MVNOs to offer value-added services, such as access to high quality #refurbished devices, design #earlyupgrade programs, #deviceleasing, #deviceprotection and #repairservices.

We believe that the future for MVNOs is promising.

With the growing demand for low-cost mobile services, our SOAR* platform allows Operators, MVNOs and retailers to white-label a D2C e-commerce store for high quality refurbished devices. The operator owns the relationship with the customer while we manage the back-end operations.

While MVNOs have traditionally been SIM only players, there is a growing recognition of the benefits of offering handsets on a plan. One of our flagship services is direct-to-consumer financing, which is specifically designed for retailers who want to provide monthly payment options to their customers without incurring any credit risk or servicing costs.

Our #TradeIn and #EarlyUpgrade solutions provide customers innovative options to upgrade to the latest phones in an affordable manner, with minimal hassle and without harming the environment.

Finally, Our #ExtendedWarranty programs go beyond the manufacturer's warranty and cover your device for a longer period of time. Our plans are fully customizable and can be tailored to fit the specific needs of our clients. In addition to Extended Warranty, we also offer Device protection and Repair services for smartphones and tablets.

The team at LKS is made up of industry experts with hands on experience in designing and launching handset financing, upgrade and device protection services. We understand that most MVNOs don't have the budget for complex IT development or the luxury to wait for months to launch a program. And that's why we designed SOAR* - a plug and play solution to fit into your existing processes with minimal IT work at very low costs. If you are an MVNO looking for innovative solutions to grow your customer base, the team at LKS would love to assist you. Please contact us today via LinkedIn or visit us at www.LesteKapital.com for more information.

*SOAR: Smart Ordering and Automated Routing

Shrinivas G @ Leste Kapital Solutions