For mobile operators Electroneum delivers great potential to create substantial viral growth across global networks, creating new, revenue streams to boost ARPU and market growth.
At the time of writing this we have at least 4 MOUs (MEMORANDUM OF UNDERSTANDING) signed, and more in the pipeline, one of which is now ready for announcement… Effortel.
Effortel is a Tier-1 Mobile Virtual Network Enabler, headquartered in Brussels, Belgium. Effortel develops, deploys and runs MVNOs for large non-telecom companies such as retail chains, post companies, ISPs and banks. Carrefour, Total, Equity Bank, Israel Post and mobile operators like Vodafone Italy and Globe are among Effortel’s MVNO clients. Effortel provides full autonomous enablement stack for its MVNOs, including signalling, OCS, IN, full suite of OSS and BSS and managed service. Effortel also runs its own MVNOs and thus, differently from other vendors, has deep expertise in the business aspects of MVNOs. Effortel’s unique turn key MVNE solution is cloud based and is hosted in Brussels. Today, more than 5 million subscribers from Belgium, Italy, Taiwan, Kenya and Russia are managed by Effortel.
What this means for Electroneum - This is the first step to our goal of mass market adoption. By enabling users to lower the cost of their phone bill by simply mining on their phone, an untapped market has been opened to Electroneum and with Effortel being one of the most successful MVNOs in Asia, with over 5 million customers and winning award for being just that, this partnership will see us take the first steps in our goal.