French mobile virtual network enabler (MVNE) Sisteer has reportedly signed its first agreement with an as yet unnamed Brazilian company and is set to launch a full-blown mobile virtual network operator (MVNO) business ’soon’, BNamericas reports. As reported by CommsUpdate, in December last year Brazil’s telecoms regulator Anatel issued Sisteer with a licence to operate as a full MVNO – making it the third firm to dip its toe in the market. In a press release, the Tier One European MVNE said it has been issued with a ‘autorizada’ type licence which gives it the ability to implement a full MVNE platform and manage the entire value chain. Further, the permit allows Sisteer to operate all the technical and operational components required to commercialise MVNO offerings in Brazil, it said. Sisteer launched its subsidiary Sisteer do Brazil in 2009 and signed a strategic agreement with one of the four Brazilian wireless operators in 2011. The company said at the time that it hoped to launch MVNO services in 2012.