Virgin Mobile Latin America (VMLA) is a mobile virtual network operator (MVNO) offering prepaid and postpaid mobile voice and data services across Latin America. Originally established in 2010 as a partnership involving Richard Branson's Virgin Group, the company launched commercial operations beginning in 2012 with services in Chile, followed by Colombia (2013), Mexico, and Peru. VMLA operates an asset-light model, leveraging long-term wholesale agreements with host mobile network operators including Movistar (Telefonica) in Mexico and Tigo (Millicom) in Colombia and Chile. In August 2023, Dubai-based digital services investment company Beyond ONE acquired VMLA, with Virgin Group retaining a minority stake and long-term brand licensing agreement. The company serves more than three million users across the region and is part of Beyond ONE's broader portfolio of Virgin-branded MVNOs alongside Virgin Mobile Middle East and Africa.
Virgin Mobile Latin America has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2010
Employees
501–1,000
Total Funding
Undisclosed
Juan Guillermo Velez
CEO, Virgin Mobile Colombia
Felipe Villa Murra
CEO, Beyond ONE (parent company)
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Claro (America Movil)
Dominant mobile network operator in Colombia, Mexico, Chile, and across Latin America; primary facilities-based competitor to MVNOs in every Virgin Mobile market.
Movistar (Telefonica)
Telefonica's Latin American mobile operator; major MNO competitor in Colombia, Mexico, and Chile and a host network partner for Virgin Mobile in some markets.
Tigo (Millicom)
Millicom-operated MNO in Colombia and across Latin America; serves as host network partner for Virgin Mobile in Colombia and Chile while also competing on retail mobile.
WOM Colombia
Chilean-origin mobile operator that expanded into Colombia with aggressive prepaid plans, directly competing with Virgin Mobile's value-focused MVNO offering.
AT&T Mexico
Third largest mobile carrier in Mexico, competing with Virgin Mobile Mexico's MVNO offering on prepaid and value plans.
Entel Chile
Leading Chilean mobile network operator competing directly with Virgin Mobile Chile across prepaid and postpaid segments.
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