www.WirelessFederation.com/news: A new operator Telcro and T-Mobile Hrvatska have signed a contract as a result of which Croatia will get its first MVNO. The services are set to launch during the summer of 2009.

The company has funding from twenty investors of which the bulk are Croatian and the remainder based in the USA.

According to company director, Kre…¡imir Profaca, an MVNO can be profitable with just a few tens of thousands of subscribers, compared to the millions needed by the network operators and although the market is being saturated, thanks to multiple SIM ownership the real penetration rate could be as low as 60%.