eSIM Plus builds a decentralized marketplace to democratize communications access

Key Takeaways

• eSIM Plus’ bold move to create the world’s first decentralized marketplace aims to level the playing field for telcos, promote competition and enhance transparency in the telecom industry.
• The $4.7 billion eSIM market is attracting significant interest from both traditional and modern carriers, setting the stage for innovation.
• Operating in over 190 countries, eSIM Plus boasts a significant user base with an impressive retention rate of 30%, solidifying its reputation as a trusted virtual SIM provider.
• As eSIM adoption accelerates and the sector expands, eSIM Plus’ innovative approach has the potential to bring positive change to the telecommunications industry by redefining how consumers and businesses access and choose roaming services.

A strategic move to capitalize on rapid growth. $4.7 billion eSIM market, eSIM Plus, a globally recognized service provider, has announced ambitious plans to develop the world’s first decentralized marketplace for consumers and operators. This move is an important step in eSIM Plus’ Telecom-as-a-Service strategy, which aims to transform the communications landscape.

eSIM Plusis present in over 190 countries and has earned a reputation as one of the most trusted virtual SIM card providers, serving 3 million users with an impressive retention rate of 30%. The company’s unique “home away from home” approach has endeared it to its globe-trotting customers. With the introduction of the new marketplace platform, eSIM Plus aims to bring together major telcos and smaller regional players under one unified umbrella, creating strategic partnerships that can further reduce costs. The overarching goal is to break down borders in the telecommunications industry and provide users with greater transparency and accessibility to roaming services around the world.

Dina Tsybulskaya, CEO of eSIM Plus Commenting on the company’s groundbreaking venture, “Globally, eSIM adoption is entering a high-growth phase due to increasing availability. eSIM-enabled devices Products from major smartphone manufacturers. Through our innovative marketplace platform, we seek to level the playing field for distributed mobile network operators (MNOs), whether they are nationwide traditional carriers or small regional operators. By acting as a bridge between various networks, we aim to open new avenues for telecom small and medium-sized enterprises (SMEs) and bring them on par with the market access enjoyed by telecom giants.”

eSIM Plus’ passion for the new platform is based on the integration of several blockchain technology elements. The company’s extensive experience in the telecommunications and technology sectors enables it to solve complex issues related to Know Your Customer (KYC) processes, revenue sharing, reconciliation and operator transition.

“This platform empowers consumers to have greater control over choosing a roaming plan that suits their specific needs,” said Tsybulskaya. “Businesses will also benefit significantly by being able to seamlessly switch between multiple networks and choose the best coverage available at any given moment.”

The eSIM segment is expected to witness significant growth. 76% or 6.7 billion eSIM smartphone connections It is expected to be in use worldwide by 2030. This expansion is expected to have a positive impact on telecommunications penetration in both developed and emerging economies. Known for its simplified functionality and low carbon footprint, E-SIM is gaining popularity among business and leisure travelers by providing a seamless communication experience anywhere in the world without the need to physically replace SIM cards.

The launch of eSIM Plus to create a marketplace where users decide represents a bold step to reshape the telecommunications industry, drive competition and provide greater choice for consumers and businesses alike. As eSIM adoption continues to grow, the company’s innovative approach could benefit users and the industry as a whole by setting a new standard for communications accessibility and transparency.

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