Voiamo seeking to raise £10m in bid to speed up European rollout

 
Oliver Smith
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Voiamo chief executive Nigel Bramwell
London-based low cost data roaming service Voiamo has agreed a pan-European deal with Europe’s largest consumer electronics chain, Media Markt.

The chain will now sell Voiamo’ low cost data roaming sim cards across its stores in Spain and Portugal from 1 August.

The company has launched a £10m fundraising round to accelerate its country roll-out as part of the deal with Media Markt. This will see Voiamo’s sim cards also sold in Germany, Sweden, Italy, Denmark, Switzerland and Poland over the next nine months.

Voiamo’s service works through deals it has in place with mobile operators in over 40 countries, that allow it to offer international mobile broadband at cheap local rates, all through a single sim card.

Voiamo currently sells its sim cards in Dixons Retail Group’s stores in the UK under the Knowhow Mobile Broadband branding.

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