![]() Such acquisitions are set to help the market growth for MVNO in the long-term and generate the demand for the service as well. This acquisition led to the deployment of network infrastructure, business growth of their cyber-security solutions, and a large consumer base to enhance their businesses. ![]() In January 2022, World Health Energy Holdings (WHEN) Group announced the acquisition of CrossMobile, a licensed Mobile Virtual Network Operator (MVNO) located in Poland. Strategic Acquisition of CrossMobile by WHEN Group to Set Headway for Market Amplification ![]() The market for MVNO is characterized by upgrading technology, ever-changing customer needs, and frequent releases of new products and services. An MVNO is a wireless network service provider that provides its wireless services to specific market and is supported by the new and existing consumer base. Fortune Business Insights™ in its report titled “Mobile Virtual Network Operator (MVNO) Market Size, Share & COVID-19 Impact Analysis, By Operational Model (Reseller, Service Provider, and Full MVNO), By Service Type (Postpaid and Prepaid), By Subscriber (Business and Individual/Residential), and Regional Forecast, 2023-2030” observes that the market size in 2022 stood at USD 78.15 billion and is projected to reach the valuation of USD 84.36 billion in 2023. The global Mobile Virtual Network Operator (MVNO) market size is projected to show strong growth by attaining USD 149.13 billion by 2030.
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