Truphone has taken the step of acquiring SIM4Travel, by an asset purchase agreement enabling Truphone to take over SIM4Travel’s SIM capability and Mobile Virtual Network Enabler (MVNE) platform. SIM4Travel will still play a big part in the future of Truphone by researching “new technologies and market opportunities”.
James Tagg, Truphoneâ€™s CEO, said: â€œThis completes Truphoneâ€™s GSM core network, allowing us to offer global mobile operator services. Weâ€™re already enabling customers to make low-cost Wi-Fi calls and soon weâ€™ll be able to provide the added convenience of low-cost GSM calls too, all on a single, worldwide, Truphone SIM.â€
With Truphone providing their service worldwide, SIM4Travel was limited to users in the UK. With this acquisition, Truphone is looking to expand into the global market of international travel by offering lower calling rates by switching out your existing SIM card with theirs.
Truphone has been providing cell phone users with free or low cost calling options via WiFi or a 3G network since 2000.