The success business models of the best MVNOs
The Mobile Virtual Network Operators have a huge business opportunity. This means the best MVNO profits can lead up to millions of dollars.
There are multiple types of MVNOs out there and they have inspiring success stories. Each of them have particular business models. This shows just how adaptable this field can be.
Only after learning about the best MVNO companies and their success stories, you can understand what wonderful avenues it can open up for you.
MVNO list - How many types of MVNOs are there?
There are broadly four categories and the MVNO list of service providers must belong to one of the below.
Understanding the history of MVNOs
The earliest application of the MVNO concept can be seen way back in the 1990s in Europe. With liberal markets and new regulatory frameworks in place, the telecom technologies became an instant hit among subscribers.
Sense Communications was the first one able to establish an MVNO agreement with Sonera in Finland, but it failed to persuade MNOs in Sweden, Denmark, and Norway. Sense then appealed to EU regulators, citing provisions that required certain MNOs to allow new entrants interconnection. Sense’s claim was denied and it took until 1999 for the agreement between them and Telia/Telenor Mobile to be in place to realize the potential of opening up and maximizing the GSM services among Scandinavian mobile users.
And within a decade, the business model found wide acceptance in the US as well, where the MVNO list grew to almost 40 by 2008.
The success is marked by the growth of the market share in terms of subscribers. Also, the revenue among the top MVNOs is huge when millions of users every year switch for an MVNO provider.
What are the benefits of MVNOs that led to such success?
This a win-win situation for every party, as the MNO also benefits from its agreement with the MVNO. Leading MNOs always have some unused capacity to offload, and by letting this to be used by the MVNOs, they are also supplementing their own revenues
List of top MVNOs and their success business models
A close look at the most popular MVNOs operating today will help illustrate the success story of their business model. While some people try to point out the various limitations such as limited choice of phone models or data usage, the advantages of low-priced plans with a wide range of choices far outweigh the drawbacks.
According to the customer service satisfaction rankings the top MVNOs in the United States are: