In the first iteration, the benefits of MVNOs were marginal. Different brand, perhaps better customer service . . But it appears Google is offering a new model where your handset would jump to the best available signal. Google purchases capacity on multiple networks making this possible.
Dhaka, March 23 (bdnews24.com) — Grameen Bank’s Muhammad Yunus stunned the world by unveiling a poverty alleviation initiative using mobile phone on March 26, 1997. He buys bulk minutes from Grameenphone’s GSM mobile network and resells among the microcredit borrowers in Bangladesh. The industry now recognises such business model as Mobile Virtual Network Operator or MVNO. Yunus and Grameen shared the Nobel Peace Price in 2006.