International mobile virtual network operator (MVNO) Lycamobile has revealed that it has signed up more than 130,000 subscribers in Australia since inaugurating services in the country last year. As previously reported by CommsUpdate, Lycamobile announced in November 2010 that Australia had become its tenth market, with the virtual operator partnering with Telstra Wholesale to launch services in the country. Following its traditional focus on low-cost international calling, Lycamobile offers a pre-paid SIM card in Australia with call rates of as little as AUD0.05 (USD0.05) per minute to destinations including India, China, Vietnam, Indonesia, South Africa, New Zealand and Europe. With the company aiming to reach a worldwide subscriber base of 20 million by 2012, Milind Kangle, Lycamobile’s CEO, said of the milestone in Australia: ‘It is fantastic to see that the Australian consumer and channel is embracing the Lycamobile brand in record numbers, a testimony to the quality of our product and the unbeatable value proposition that we offer.’
As at February 2011 Lycamobile had a presence in the UK, Belgium, Denmark, The Netherlands, Spain, Sweden, Norway, Italy, Australia and Switzerland, and the company claims to have signed up more than 6.5 million customers since first launching back in 2006.