Lebara revenues up 98pc


Ethnic market MVNO Lebara has announced a 98 per cent increase on group revenues in its latest financial results.

The company claims it has passed the one million customer mark in the UK, an increase of 90 per cent compared with last year. It has three million customers globally.

Lebara chief executive Yoganathan Ratheesan (pictured) said: “The economic climate is having a major impact on many UK businesses. Lebara Mobile, on the other hand, is bucking the trend – we are a successful, fast-paced company with a business model that delivers real value to our customers and real results to the business.

“Our quality service mixed with transparent and honest pricing offers consumers a simple, easy to use and convenient prepay mobile SIM product. And our healthy financials, strong distribution network and partnerships enable us to be profitable and grow. This is a very exciting time for Lebara.”