It was assumed that since Vodafone had sold its stake in Verizon back to Big Red the communications giant, based in the UK, had permanently pulled out of the U.S. market. Vodafone’s stake was worth $130 billion and many believed that it would take its money and run. That’s not proving to be the case. Vodafone has announced its return to the U.S. market through a press release published online, it will come back as a MVNO operating on T-Mobile’s network.
Vodafone isn’t chasing after the consumer market, instead the MVNO will just cater to the more than 400 multinational customers based in the country. So basically it will be big companies with a global presence. The MVNO will also provide service to over 500 Vodafone MNC customers that are based outside the country but happen to have a “strong US presence.”
The company will lean on its international footprint, which spans across 27 countries and a total of more than 75 through partner networks, to appeal to MNCs. Services offered will be geared towards enterprise, from security products and cloud services to telecommunications expense management.
The U.S. wireless service for MNCs is scheduled to start off in late autumn, 2015. As previously mentioned, Vodafone’s MVNO will run on T-Mobile’s network in the U.S.