The WhiteSpace (WSP), a mobile virtual network operator (MVNO) under the Penguin brand, is shifting its business to a partnership in an enterprise private network, used car sales and debt collection services in order to ensure long-term revenue streams.
Chaiyod Chirabowornkul, chairman of WSP, said the MVNO business is coming to an end under the current business ecosystem as it only has 40,000 subscribers.
A MVNO is a mobile operator that does not own a cellular network, instead renting one from telecom operators to provide services.