Wireless communications service providers are licensing their network infrastructure to mobile virtual network operators. Telco Cuba, Inc. (OTC: QBAN), a U.S. based mobile telecom and data connectivity service provider, announced today that it has immediately begun offering mobile voice and data services to consumers and corporations as a result of a Mobile Virtual Network Operator (MVNO) agreement with Next Mobility.
TelcoCuba now provides high-quality voice and data services to consumers and enterprises utilizing LTE, 4G, and 3G networks. Telco Cuba mobile services will be available in other countries via roaming agreements and services with other mobile service providers. Telco Cuba and its wholly owned subsidiary Amgentech, Inc. are already well established in the local market for Voice over IP (VOIP) services and communications technology. Amgentech, Inc. has provided services to multiple network operators, constructed its own highly reliable network to enable communications worldwide, and has built highly reliant networks for its client base. Going forward, it will now offer extra-flexible solutions that combine mobile voice and data communication services with existing services for blended communication solutions that include mobile voice and data, mobile VoIP, VoIP, International Dialing, top-off prepaid phone service, international roaming, and much more.
The MVNO agreement signed with Next Mobility is a major first milestone for Telco Cuba. It affords Telco Cuba the ability to enter the cell phone service provider market with a drastically reduced startup cost, allowing Telco Cuba to use its budget where it matters – customer acquisition and marketing. Speed to market is the single most important factor in the digital age. Next Mobility is a well-established entity in the space and our contracted services will afford Telco Cuba a time to market of just under 60 days.
—>Apple is reportedly in talks with telecom companies in the U.S. and Europe to let customers pay the Cupertino-based tech giant for wireless service directly, rather than going through wireless firms like AT&T or Verizon. The company is conducting private trials of the service in the U.S. and has engaged in discussions with European companies to offer a similar service there, Business Insider reports. Also see related RCR Wireless article.
MVNO – Mobile Virtual Network Operator is a term coined to describe a company that setups a platform for the resell of mobile phone services from one of the big three cell phone providers in the United States of America or elsewhere in the world. AT&T, T-Mobile & Sprint are the biggest of the Mobile Virtual Network Enablers.
In other wireless and telecommunications news and developments:
- Verizon recently announced Grid Wide Utility Solutions, a new Internet of Things (IoT) platform service offering utility companies an easy on-ramp to grid modernization. Now available in the U.S., Grid Wide offers electric utility companies an integrated solution for smart metering, demand response, meter data management and distribution monitoring and control. With 147 million electric meters in the U.S. today, Verizon’s Grid Wide aims to transform the delivery and consumption of energy nationwide for investor-owned, cooperative and municipal utilities and their customers. Designed to maximize the benefits of smart meters, the solution comes equipped with a wide range of cloud-based applications intended to help utility companies drive incremental revenue, reduce operating costs, increase efficiency and improve customer experience.
- AT&T is promoting a $200 monthly cellphone and TV Everywhere bundle that it plans to offer throughout the U.S. — marking the first fruits of its merger with DIRECTV. Starting Aug. 10, the carrier will provide four phone lines with unlimited voice and texting, along with 10 gigabytes of sharable data. On the video side, AT&T will hook up four TVs with HD and DVR features and the ability to watch on any mobile device. The New York Times (free-article access for SmartBrief readers) (8/3), CNET (8/2)
- Vonage Holdings Corp, a leading provider of cloud communications services for consumers and businesses, today announced results for the second quarter ended June 30, 2015. Second Quarter Consolidated Financial Results – “We continue to drive market-leading growth at Vonage Business, while increasing profitability in Consumer Services,” said Alan Masarek, Chief Executive Officer of Vonage. “At Vonage Business, we delivered 118% revenue growth fueled by the successful execution of our acquisition strategy coupled with strong organic growth. We also made significant investments in our sales infrastructure, brand and leadership team to enhance our position in the rapidly growing Unified Communications-as-a-Service (UCaaS) market.”
- T-Mobile US Inc last week reported second quarter 2015 results reflecting continued strong momentum, industry-leading growth, and continued low churn. The Company again outperformed the competition in both customer and financial growth metrics. T-Mobile generated 2.1 million total net customer additions, marking the ninth consecutive quarter that T-Mobile has delivered over one million total net customer additions. Additionally, the Company delivered 14% total revenue growth and 25% growth in adjusted EBITDA compared to the second quarter of 2014.
“While the carriers continue to use gimmicks to confuse consumers, T-Mobile continues to listen to customers and respond with moves that blow them away,” said John Legere, President and CEO of T-Mobile. “On top of adding 2.1 million new customers in the second quarter, we delivered 14% year-over-year revenue growth and 25% year-over-year Adjusted EBITDA growth. Overall, I think our results speak for themselves.”
- U.S. Cellular to launch LTE roaming in next 60-90 days: CEO Ken Meyers said U.S. Cellular has completed its first LTE roaming agreement, though he declined to reveal the carrier partner. He said the companies are in the implementation phase of the deal and the respective engineering teams of the companies are working together. U.S. Cellular customers will be able to start benefiting from expanded LTE roaming in the next 60 to 90s days, he said. The partner is likely a Tier 1 carrier, so U.S. Cellular customers will get access to a more robust and nationwide LTE network. Meyers said he expects U.S. Cellular customers to see benefits more than he expects U.S. Cellular to reap inbound roaming revenue. Meyers said that the agreement is the first of multiple LTE roaming deals the company is working on.