How to Start Your Own Mobile Phone Company
As you’ve probably noticed, cellphones have become one of the hottest markets. Consumers seem better prepared to live without oxygen before they live without their phones. The businesses that specialize in providing these services are poised to benefit from this always-increasing demand. But you likely don’t have the resources necessary to build an entire network from scratch. Fortunately, you don’t have to. Mobile Virtual Network Operators, or MVNOs, purchase network access in bulk, then resell it to customers at retail. The outlook for MVNOs is strong, with experts predicting that the market will reach $75.25 billion by the year 2023.
What to Expect
If you’ve always wanted to start your own cellphone company, there’s no time like the present. But until recently, starting an MVNO was on the pricey side. Thanks to white-label providers, though, you can access prepackaged services that you can resell. Instead of having to work with service providers to make sure customers have access to all of the amenities they need, MVNO entrepreneurs can start selling right away. Some white-label providers even offer custom invoices and sales marketing packages.
The Cost to Get Started
If you’ve been interested in learning how to start a cellphone company, you’ve likely learned the cost can be above typical startup range. A white-label solution makes this more accessible, but you’ll still need at least $10,000 if you want all services provided. This includes the support solution you’ll need to manage your customers and handle billing. This doesn’t include the cost of hiring employees, leasing office space, getting a business license and other things traditionally associated with starting a business. If you don’t have the startup capital, you may be able to get a business loan from a local lender or search for investment funding.
Mobile Virtual Network Enabler
If you’d prefer to set things up on your own, you can utilize the services of a Mobile Virtual Network Enabler, or MVNE, which provides the network infrastructure and related services necessary to resell wireless services. If you’ve researched how to start a phone company, you likely already know that certification and implementation can be costly. For a new business, this can also be overwhelming, unless you know how to navigate all of these areas. An MVNE offers varying degrees of assistance, including consulting and applications. By entrusting providers to handle the technical end of things, you can focus on building and growing customer relationships and create a business that will continue long-term.
To build your own cellular network, visit GitHub, where you can download Creighton’s code. Next, build a software-defined radio responsible for doing the work of a cellphone tower — it should run you about $400. Of course, you’ll need to know something about telecom and be willing to experiment, but conceivably, you’ll now be able to make a functioning network.
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Mobile phones have captured the market so it has created one big industry now. Are you interested to know the basics of how a cell phone is made from the design process to packaging? We have a basic guide that also looks into the issues that face phone manufacturers nowadays.
Mobile phone technology has made communication easier and faster. Mobile phones are essential tools especially in business where the flow of communication should always be open so that transactions and processes are done in the most expedited way.
Due to its popularity, the communications industry has created Samsung, Sony Ericsson, LG, Motorola and Nokia, giants in the market.
To remain competitive, cell phone manufacturers face the challenge of keeping per unit manufacturing cost as low as possible (the rough average is $100/phone). This has led to outsourcing of production in developing countries where labour is cheaper. Another reason for the migration of cell phone production is the drive to be proximate to the intended market, one that is growing.
For one looking to start a phone manufacturing company, a major consideration would, therefore, be location. Does the region have people with the right qualification to become the manpower behind the company? Is the cost of labour such that a profitable operation is possible? Is the location at a distance from the intended market such that transportation costs do not eat profits? Is the market growing such that it can support your business?
The actual manufacturing will involve the assembly of the hardware and the installation of the software that will drive the phone. A manufacturer may design and develop both. Phone manufacture involves continuous research for new designs and the development of this design into new products with better appearance and functionality. The design process goes through several milestones and approval stages. R & D is a race among competing manufacturers. Alternatively, a manufacturer may hire a contract manufacturer or get the parts from suppliers and independent manufacturers.
During the actual production, all the parts like the LCD, keypad, antenna, battery, microphone, and circuit board go through a manufacturer’s assembly line where machines pick them up and put them together into cell phone units. Each phone then goes for rigorous testing to ensure that every part and feature – battery, video, keypad, messaging, calling -- functions well. Those that failed the quality tests are rejected. The units whose qualities have met standards are then packaged, shipped and delivered. Human intervention could come in the process of installing high-value components, visual inspection, and testing.
As you’ve probably noticed, cellphones have become one of the hottest markets. Consumers seem better prepared to live without oxygen before they live without their phones. The businesses that specialize in providing these services are poised to benefit from this always-increasing demand. But you likely don’t have the resources necessary to build an entire network from scratch. Fortunately, you don’t have to. Mobile Virtual Network Operators, or MVNOs, purchase network access in bulk, then resell it to customers at retail. The outlook for MVNOs is strong, with experts predicting that the market will reach $75.25 billion by the year 2023.
If you’ve always wanted to start your own cellphone company, there’s no time like the present. But until recently, starting an MVNO was on the pricey side. Thanks to white-label providers, though, you can access prepackaged services that you can resell. Instead of having to work with service providers to make sure customers have access to all of the amenities they need, MVNO entrepreneurs can start selling right away. Some white-label providers even offer custom invoices and sales marketing packages.
Mobile Virtual Network Enabler
If you’d prefer to set things up on your own, you can utilize the services of a Mobile Virtual Network Enabler, or MVNE, which provides the network infrastructure and related services necessary to resell wireless services. If you’ve researched how to start a phone company, you likely already know that certification and implementation can be costly. For a new business, this can also be overwhelming, unless you know how to navigate all of these areas. An MVNE offers varying degrees of assistance, including consulting and applications. By entrusting providers to handle the technical end of things, you can focus on building and growing customer relationships and create a business that will continue long-term.