Mobile Virtual Network Operators (MVNOs) are new companies that offer cheaper cell phone services. They have been popping up all over the place in recent years, and Mexicans are becoming interested in them at a time when people are looking for ways to save money.
The National Institute of Statistics and Geography (INEGI) recently said that the National Consumer Price Index (INPC) went up 0.70 percent in August compared to the previous month. This means that Mexico’s annual inflation rate reached 8.70 percent, which is the highest level in 20 years. Inflationary growth over the past few months has caused more people to cut back on goods and services in order to pay for basic needs. One area where people have cut back is on their cell phone use. However, having a cell phone is now seen as necessary, and luckily there are lots of other options.
Based on information from the research firm According to the CIU, there were 134.2 million lines by the end of the second half of 2022, which is 4.8% more than the same quarter the previous year. The breakdown of lines by payment method was pretty much the same as the previous quarter, with 82.5% belonging to the prepaid segment and 17.5% to the postpaid segment.
What are MVNOs, or Mobile Virtual Network Operators?
People who work for MVNOs are phone companies that don’t own their own frequency spectrum or infrastructure. Instead, they rent other operators’ technology to use for their own services.
The biggest service providers in the country that own their own networks are
- The Altan Networks
- AT&T
- Viva Cars
- TELUS
Mobile virtual network operators (MVNOs) let users make calls and send and receive data on their phones with more flexible plans and lower prices. The website Selectra says that these deals can be up to 30% less expensive than those from the country’s biggest cell phone companies.
Some of the good things about Mobile Virtual Network Operators
- More packages and plans to choose from to fit your budget
- Their rates are lower than those of regular phone companies.
- One app gives you full control
- It has the same insurance as the company that rents it the infrastructure from.
- No plans that you have to follow
It was because of high prices and the damage the pandemic did to the economy that many Mexicans turned to MVNOs as the best way to communicate. Also, because of changes and the start of new businesses, businesses are now competing with each other to get more customers, which is good for consumers because it saves them money. “We’re committed to giving you the most top-up options for your favorite mobile operator,” said Arpit Gupta, one of the founders of UnDosTres.
The CIU says that Mobile Virtual Network Operators (MVNOs) had an increase of 600,000 lines at the end of the second quarter of the year, giving them a 6% market share. This is because the terms of the contract that were necessary to get bigger benefits have been taken away.
If you want to move to an MVNO, let us tell you which ones there are and what infrastructure or spectrum they will use to provide their services.
