Jersey Post enters the phone market
The news comes in the same week that the competition in the phone market has been blamed for the loss of 80 jobs at Jersey Telecom. Jersey Post is to compete from December against three existing suppliers in the mobile phone market.
The company will launch into the £13m a year pay-as-you-go market under the brand MeMo, which will be owned by a new company named Postfone.
The launch of MeMo – which is part of the Jersey Post International Development arm headed by Gary Whipp – is unique as no new mobile masts are required by the firm.
The new company is known as a ‘mobile virtual network operator’ and will use the masts of an existing supplier.