Vectone Mobile

Company Overview

Vectone Mobile Limited, established in 2002, is a UK-based mobile virtual network operator (MVNO) specializing in providing affordable international calling services. Headquartered in London, the company operates under the parent organization, Vectone Mobile Holding Limited.

Company Information – GOV.UK

Historical Background

Incorporated on October 4, 2002, as Mapesbury Communications Ltd, the company underwent a name change to Mundio Mobile Limited in 2009 and later to Vectone Mobile Limited in 2017. Over the years, Vectone Mobile has focused on delivering cost-effective mobile communication solutions, particularly targeting customers with international calling needs.

Company Information – GOV.UK

Product and Service Portfolio

Vectone Mobile offers a range of services designed to cater to customers seeking affordable international communication options:

• • International Calling Plans: Specialized plans providing competitive rates for international calls to various countries.

• • Pay-As-You-Go Services: Flexible prepaid options allowing customers to manage their usage without long-term commitments.

• • Mobile Data Packages: Affordable data bundles to meet varying internet usage needs.

These offerings are tailored to provide cost-effective solutions for individuals requiring frequent international communication.

Industry Applications

Vectone Mobile’s services are particularly beneficial for:

• • Expatriates and Immigrants: Facilitating affordable communication with family and friends abroad.

• • International Students: Providing economical options to stay connected with home countries.

• • Business Travelers: Offering cost-effective solutions for international business communications.

These applications highlight the company’s focus on serving customers with significant international calling requirements.

Notable Achievements

Throughout its history, Vectone Mobile has achieved significant milestones:

• • Market Expansion: Established a presence in multiple European countries, broadening its customer base.

• • Brand Recognition: Built a reputation for providing affordable international calling solutions within the MVNO market.

Leadership Insights

As of the latest available information, Vectone Mobile Limited is led by:

• • Baskaran Allirajah: Director and significant controlling party, guiding the company’s strategic direction. Company Information – GOV.UK

Financial Performance

According to the latest available data, for the financial year ending December 31, 2021, Vectone Mobile Limited reported:

• • Turnover: £2.89 million, a decrease from the previous year.

• • Net Assets: Negative £2.82 million, indicating liabilities exceeding assets.

These figures suggest financial challenges, with a notable decline in turnover and negative net assets.

open.endole.co.uk

Recent Developments

Recent filings indicate that Vectone Mobile Limited has overdue accounts, with the next accounts made up to December 24, 2022, due by March 25, 2024. The company has also undergone several accounting period adjustments in recent years.

Company Information – GOV.UK

Future Outlook

Looking ahead, Vectone Mobile aims to continue providing affordable international communication solutions. The company may need to address its financial challenges and adapt to the evolving telecommunications landscape to maintain competitiveness.

Vectone Mobile’s commitment to cost-effective international calling services positions it as a notable player in the MVNO sector, particularly for customers seeking economical communication options across borders.