Old Mutual launches mobile virtual network operator service

Old Mutual is now offering mobile phone services. Drawing on the advantageous business model of Mobile Virtual Network Operators (MVNOs), the insurer is now marketing mobile packages under its own brand name.

Choosing this type of operator spares the company the heavy investment involved in building a network. Instead, the insurer secures access to the equipment and services of other mobile network operators (MNOs) already present in South Africa. All Old Mutual has to do is buy a usage package and resell it.

SIM cards can be purchased from the insurer's offices.