Om Malik points to a Pyramid Research report which says there isn’t much money being made. “Pyramid found that most MVNOs are loss-making to slightly above break-even and believes that there is enough fodder to question the MVNO model, at least in its first iterations. Pyramid concludes that not all MVNOs will achieve profitability and the next 24 months will either make or break MVNOs, particularly the prepaid-focused ones.”

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Rajesh Jain

An Entrepreneur based in Mumbai, India.