Advisor to
Lebara Norway sold to Network Norway
December 2007

Lebara Norway sold to Network Norway

Network Norway acquires Lebara Internationals Norwegian operation to fund Lebara’s international expansion.

Lebara is an MVNO with a leading position within low-cost international calls and was founded in 2001 by Leon R. Ranjith, Baskaran Kandiah and Ratheesan Yoganathan who shared a vision to transform the international calling market, making it easier for migrant communities to stay in touch with friends and family back home.

Inspired by the imposing sight of the Telenor building on the road to Bergen airport, the three partners made it their mission to build a company that would represent a range of different communities and would last for a generation.

Today Lebara is one of the world’s fastest growing mobile companies with more than 3 million customers, 1400 employees worldwide, operations in eight countries and revenues for 2010 of €565 million.

Lebara has successfully replicated its business model and continues to grow year on year.