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Lidl Launches Mobile Plans: Your Next Cheap Phone Deal?

Summary

  • Lidl is expanding its mobile phone plans beyond initial European markets.
  • The company aims to boost customer loyalty and create new revenue streams.
  • Lidl will operate as a virtual network operator using 1GLOBAL's infrastructure.
Lidl Launches Mobile Plans: Your Next Cheap Phone Deal?

Lidl is expanding its mobile phone services internationally, becoming a new competitor in the telecommunications sector. The German supermarket chain plans to offer affordable mobile plans in up to 30 countries, including the UK, US, France, and Spain, in addition to its current markets of Germany, Austria, and Switzerland. This strategic move aims to increase customer loyalty and diversify revenue streams for the retailer.

Operating as a virtual network operator (MVNO), Lidl will partner with mobile communications provider 1GLOBAL. This allows Lidl to offer services without needing its own network infrastructure, a model similar to other MVNOs like Tesco and Lebara. The company intends to promote these services through its Lidl Plus app, which already has a significant user base of over 100 million.

This expansion is part of a broader digital strategy by Lidl's owner, Schwarz Group. The group is building an extensive digital ecosystem that includes cloud computing, cybersecurity services, and investments in AI startups, complementing its extensive retail presence. Schwarz Group has also acquired a 9.9 percent stake in 1GLOBAL, reinforcing the partnership.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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