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The MVNO also appoints three new board directors
Growth capital investor BGF has announced it has taken a 25 per cent stake in MVNO Jola Cloud Solutions Ltd for £10.25m.
The MVNO is a global eSIM specialist and aims to provide IoT and mobile data solutions to managed service providers, internet providers, IT support companies, and telecom resellers.
BGF’s investment will support the continued growth of the channel partner base and the introduction of new products and capabilities to existing and new channel partners.
Jola co-founder and CEO Andrew Dickinson said: “BGF has a fantastic track record of investment overall and it was their references and reputation in the ICT space that made them a clear choice for Jola. ....

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