VoIP handset firm Truphone has concluded an agreement to purchase the business of SIM4travel.
The deal will see Truphone acquire SIM4travel's travel Sim capability and its Mobile Virtual Network Enabler platform.
Integration of SIM4travel's assets into Truphone's own portfolio will "begin immediately" but will take several months to complete, according to the VoIP firm.
Truphone will take ownership of SIM4travel's infrastructure, customer base, distribution and staff in Portugal and London.
James Tagg, chief executive at Truphone, said: "This completes Truphone's GSM core network, allowing us to offer global mobile operator services."
Do you agree?
Have your say on this article