買餸平左,水電煤貴返,當打和。
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Mobile Operator Lebara Sold to Waterland Private Equity
Monday, Aug 12th, 2024 (10:53 am)
Alchemy has this morning announced that they’re selling their Pan-European mobile operator business, LebaraGroup B.V, to Waterland Private Equity for an undisclosed sum. In the UK, Lebara is a virtual mobile operator (MVNO) that harnesses Vodafone’s national network to deliver 4G and 5G services (calls, text and mobile broadband).
Lebara currently offers similar mobile services to 4.4 million subscribers (up from 2.4m in 2019) across the UK, Netherlands, Germany, France and Denmark. Alchemy’s journey with Lebara began in 2018 when, following a “period of underperformance under prior ownership“, they identified an opportunity to acquire the business and have since led it through a period of transformation.
The business’ profitability and customer base has broadly doubled during Alchemy’s ownership, but now the reins are being passed to a new home.