NEVER Commit These 3 Mistakes While Starting MVNO Telecom Business
Amongst all the telecom businesses, starting an MVNO is probably the trickiest in today’s competitive world. Not only you have to fight off the competition from other MVNO companies in terms of pricing, you also have to stand out as a distinguished supplier of services. However, not all MVNO startups recognize these requirements and end up committing big mistakes that prevent them from reaching their maximum potential. Have a look at some of the come mistakes made by MVNOs and learn how to avoid them: Mistake1: Short-term planning This is probably the biggest and most common mistake made by MVNOs. In their attempt to lay their claim to fame instantly, many MVNOs make the mistake of going after the latest trends. Aping what others are doing successfully may work well for you in the beginning; however, it will not create a reputation that an MVNO requires for long-term survival in this highly competitive industry. The best approach for an MVNO is to work accordi