He will pursue other interests, including artificial intelligence and communications
Truphone founder James Tagg is leaving the international MVNO to pursue new ventures. It comes just four months after chairman Steve Robertson also left the company.
The business was incorporated in 2001 after Tagg (pictured) became frustrated with high roaming costs when travelling between the USA and UK.
In 2006, it launched its VoIP service, providing low cost international calling using WiFi. This international SIM card is sold in eight countries: UK, USA, Poland, Spain, Netherlands, Australia, Hong Kong and Germany, providing flat rate global tariffs in 66 countries and a low cost service in over 210.
Today, Truphone provides business plans to over 3,500 businesses globally, and counts 8 out of 10 Tier 1 investment banks among its customers.
Tagg will pursue other ventures, including his interest in artificial intelligence and communications. He will split his time between the USA, UK and Hong Kong, and will remain a shareholder of the company.
“Truphone has been an integral part of my life for the last 16 years but it is the right time for me to explore other opportunities,” he said.
“I have every confidence that Truphone will continue on its growth path and I wish the company the very best success.”
Truphone CEO Ralph Steffens said: “James is one of those technology founders who has an innate ability to identify an everyday frustration which could be eradicated through technology innovation.”