in

Revolution is not just a threat to traditional banks. Now it is also for Teleoperators

Revolution has announced that will launch mobile plans from this year. It will, in this first phase and without more confirmations, in the United Kingdom and Germany. Their plans will offer text messages, calls and unlimited national data. Of course, without any fixed contract or commitment to permanence, something that has characterize virtual mobile operators for years.

The next step after its esim. In March 2024 Revolution launched its own esim. It thus became the first digital bank to do so, with a target target on trips abroad. This ESIM provided 100 MB for all its users (as long as they install it before May 1, 2024), and 3 GB for Ultra Plan users.

It came from the 1global pannus, London company of telecommunications. The ESIM was focused on offering data abroad, not as an alternative to use for user mobile plan. It is something they want to change with their new movement.

Mobile Plans. Revolution has announced its entry into the market of virtual mobile operators. It will do it with rates that start from 12.50 pounds per month, and offer full connectivity in the United Kingdom and Germany.

Users will have access to a line with their own number, complete integration within the Revolution app itself, and presuming a 20 GB data itinerance for users traveling to Europe and the United States.

When. The company has not closed a date for the implementation of its mobile plans, although it guarantees that they will reach the end of this year. Nor has it confirmed what the partners will be responsible for supporting the network connection.

From Neobanco to Servicios Hub. Revolut is preceding in the world of Neobancos. The company doubled in 2024being Spain its third market behind the United Kingdom and Portugal, with 4.5 million users in our territory and the ambition to duplicate them in 2025.

After launching install payments for credit customersand raise the launch of mortgages and ATMsbecoming OMV is a step that closes a circle. One in which Revolution ceases to be a bank to become a digital service provider.

Image1
Image1

A new threat. Revolution has started in the United Kingdom and Germany, without confirmed plans to land in other markets. However, if you want to conquer territories such as Spanish in the medium term, you will not have it easy.

As of December 2024, despite their popularity, OMVs are minority in Spain: Movistar, Masorange and Vodafone Spain centralize the market share. Revolut would go to compete in a specialized niche with ultra-competitive prices as in the case of Digisupport of giants such as Telefónica in the case of O2.

Image | Revolution

In Xataka | Revolution: What is it, how it works and main advantages and disadvantages

What do you think?

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

We are increasingly clear that our microbiome is key to our health. Our protein sources can also alter it

In Tiktok there are men shaving the eyelashes to look more masculine. Science has bad news for them