Financial app Revolut enters the mobile operator market, but customers in the Czech Republic will have to wait
Published
The popular financial app Revolut is expanding its services and has begun operating as a mobile carrier. Germany has become the first country where users can purchase their own mobile plan. The company is thus attempting to compete with traditional telecommunications firms and offer its clients more favorable terms directly within the app they already use to manage their money.
The offer in Germany is very attractive. For a monthly fee of 14.99 euros, which is approximately 365 Czech crowns, customers receive unlimited calls and SMS within the country. The package also includes a generous 120 GB of data at speeds of up to 100 Mb/s. This price is considered very competitive in the German market.
However, Czech users of the Revolut app will not have access to a similar service just yet. The company has not announced any concrete plans for entering the Czech mobile plan market at this time. Interested parties in the Czech Republic will therefore have to wait for a potential expansion of this service or continue using the offers of existing domestic operators.
Revolut's expansion into the telecommunications sector points to a global trend where technology firms are attempting to offer a comprehensive package of digital services. Whether this model proves successful and expands to other European countries, including the Czech Republic, will depend on the success of the pilot operation in Germany and negotiations with local infrastructure providers.
Sources: Seznam
More Czechia news
- Aricoma is Dell Technologies' Partner of the Year
- Ethiopian aquaculture needs foreign technology and know-how
- Czechia ranks above the global average in children's physical activity
- Pavel receives Hungarian President Baka. According to him, both countries share a view on Europe's security
- Economic Chamber welcomes stricter fight against illegal employment
- Chase across half of the Czech Republic: police stopped one car, the other was found empty near Prague
- Adéla Knapová criticises Babiš and Okamura: Czechia is weak and defenceless, she says
- Cardiologists in Ústí became the first to use a modern system for treating cardiac arrhythmias