Truphone buys SIM4travel

Mobile VoIP company Truphone has agreed to buy virtual network SIM4travel. The deal means that Truphone will acquire SIM4travel’s travel SIM capability and its Mobile Virtual Network platform. Truphone will also take ownership of SIM4travel’s infrastructure, customer base, distribution and staff. Truphone currently offers a low-cost mobile service using WiFi technology and now plans to introduce a similar service using GSM networks. [Press release]