LycaMobile On the way out?

[Enlli]

https://amp.theguardian.com/business/2024/dec/16/lycamobile-tells-nearly-90-of-uk-staff-they-could-l...

[madasaf1sh]

A lot of issues with Lyca around payment card breaches and basically poor services, and will be one provider that wont be a great loss and so many new alternatives on EE such as Spusu and Mozillion

[Oxonian]

I don't think that it would the first time @Enlli that the brothers who own Lyca Mobile have liquidated a MVNO.

However, I do not read it that way. Lyca's accounts suggest that its core business is profitable and it is UK employees whose jobs are at risk. I can see a situation whereby a small number of staff remain in the UK with most of the work being done in overseas locations in which labour is cheaper. 

[Cleoriff]

So kind of management to tell staff that they wont be made redundant before January 31st.

Best Christmas present ever! 🙄

[jonsie]

No doubt more redundancies soon with the Three/Vodafone merger......

[Oxonian]

Something of an update @Enlli :-

Strategic Move Sees Lyca Group Shift Mobile Focus to New Markets - ISPreview UK

https://www.ispreview.co.uk/index.php/2025/01/strategic-move-sees-lyca-group-shift-mobile-focus-to-n...