StageFive, Pursues Full MVNO Business with Singapore Company

Strategic Partnership with Singapore's Circles MVNE
Collaboration for Full MVNO Service with Proprietary Infrastructure
Stage Five Aims to Launch Cloud-Based Multi-Tenancy Platform

Stage Five announced on the 14th that it has signed a strategic partnership agreement with 'Circles MVNE,' a subsidiary of a Singaporean telecommunications company, to collaborate on a full MVNO service with its own infrastructure.

Circles MVNE is a global operator providing communication platform solutions across Europe, South America, the Middle East and Africa, and the Asia-Pacific region. It supports services including data, voice, video, SMS/MMS, and media content delivery.

Circles MVNE's full MVNO solution is a multi-tenancy service platform that enables MVNOs to launch new services through cloud or self-built services. Multi-tenancy is a technology that allows multiple users to share a single software environment while maintaining their own independent data.

Previously, Stage Five established Stage X last year for the 4th mobile telecommunications business and was even selected as the designated corporation for the 28 GHz band mobile communication frequency allocation, but its qualification was later revoked.

Afterwards, Stage Five announced that through organizational restructuring and business model improvement, it achieved its first quarterly profit turnaround since its founding in the third quarter of last year.

According to Stage Five, its MVNO business ranked first in new subscriptions and number portability market excluding mobile network operators (MNOs) as of December last year, and its global roaming service saw a significant improvement in profitability, maintaining a profit trend in the fourth quarter as well.

Based on this, Stage X plans to prepare a complete full MVNO service through technical cooperation with global operators.

CEO Seo stated, "Circles MVNE has experience providing core network interconnection and solution construction services to various MVNEs and MVNAs (businesses supporting mediation between MVNOs and MNOs) worldwide," adding, "Based on this strategic partnership agreement, we will successfully prepare the full MVNO business by establishing a cloud-based core network and multi-tenancy platform."

This content was produced with the assistance of AI translation services.