Lycamobile becomes sponsor of Global Leadership Foundation


International MVNO says partnership comes as it seeks to support improved governance standards worldwide 

Lycamobile has become a sponsor of the Global Leadership Foundation, an organisation dedicated to promoting good governance throughout the world.

The international MVNO has also become a member of the International Council of Global Business Leaders, giving it access to networking and partnership opportunities in a range of emerging markets.

As part of the sponsorship, Lycamobile was the corporate sponsor of the Global Leadership Foundation’s 10th anniversary celebration, which was held at the Connaught Rooms in London on October 20.

The company said the announcement reflects the increasing importance of emerging markets to its business. It launched in Tunisia earlier this month, and has plans to expand further across Africa, Middle East and South America in the months ahead.

Lycamobile chairman Subaskaran Allirajah (pictured left) said: “Business and regulatory governance standards are one of the key factors we look at before we decide to invest in a new country.

“Through our sponsorship of the Global Leadership Foundation we are supporting their exceptional efforts to improve governance standards internationally, ultimately helping emerging markets improve their economies and attract more trade coming from more developed nations.”