Kampala: Lycamobile, the world’s largest mobile virtual network operator (MVNO), announces this daythat it has opened operations in Uganda. This development expands Lycamobile’s global network reach to 24 counties worldwide.
Uganda is one of the biggest destinations for telecoms business in Africa, characterised by discerning high utility consumers. It has approximately 25 million mobile phone users and a nationwide mobile penetration rate of 71% with Kampala alone accounting for over 50%.
Lycamobile has established countrywide infrastructure, meaning Ugandans all across the country will have the chance to connect with friends and family through Lycamobile’s high-quality, low-cost voice and data services.
Allirajah Subaskaran, Lyca Group Founder and Chairman said: “This is a historical milestone for the Group and we are delighted to be embarking on the roll out of services to the Ugandanmarket. As the world’s largest MVNO with a sustained focus onAfrica, it is a natural move for Lycamobile to venture into Uganda. We are currently operational in South Africa andconsidered Uganda in the East African region because of the market potential and ease of doing business. Now that we are here, we look forward to helping connect increasing numbers of Ugandans, both nationally and internationally.’’
Since being established in 2006, Lycamobile has grown quickly to serve over 15 million customers globally, including in Europe, the USA, Australia and Asia.
Following recent launches, this latest advance further supports the firm’s ambition to help connect friends and family around the world.
What you need to know about Lycamobile
Lycamobile is the world’s largest mobile virtual network conglomerate, operating in 24 countries across five continents, and is the market leader in the international prepaid mobile calls market, with over 15 million customers worldwide and a new one joining every two seconds. Founded in 2006, it has fast become a global brand synonymous with connecting customers with their loved ones both nationally and across oceans, borders and networks at the lowest possible price.
Lycamobile’s sheer span, focus on customer service and innovative business strategy has seen it outgrow its competitor set; achieving greater coverage of the European population than any other network operator. The business continues to make in-roads to new markets on a regular basis, most recently adding Russia, with aims for several new countries to be launched in the next 12 months, cementing its position in Europe and developing its service in Southeast Asia, Sub-Saharan Africa, South America and the Middle East.
Lycamobile operates in: Russia, Australia, Austria, Belgium, Denmark, France, Germany, Ireland, Italy, Macedonia, Netherlands, Norway, Poland, Portugal, Romania, South Africa, Spain, Sweden, Switzerland, Tunisia, Uganda, UK, Ukraine and USA.
Lycamobile is part of Lyca Group, a British multinational corporation delivering low-cost, high-quality products and services to communities across the globe. Since Lycamobile’s founding in 2006, a number of additional products and services have been added to Lyca Group’s portfolio, diversifying its offering across Telecommunications, Entertainment, Travel and Tourism, Healthcare, Media, Technology, Financial Services, Marketing and Hospitality.