The story
Founded by Baskaran Kandiah, Rasiah Ranjith Leon and Ratheesan Yoganathan on Sep 2001.1
Lebara was founded in 2001 by UK-based Ratheesan Yoganathan, Rasiah Ranjith Leon and Baskaran Kandiah. The name Lebara was coined from the first two letters of each of the founders' names. At launch, the company's initial product was international telephone calling cards, sold through independent mobile phone shops. In 2004, Lebara launched its first mobile virtual network, a low-cost international service in the Netherlands, selling SIM cards using mobile carrier Telfort, a subsidiary of KPN. After finding success, it subsequently launched operations in other European countries including the UK (2007), France, Spain, Switzerland, Germany (2010) and Denmark.
Lebara's Swiss operation (Lebara GmbH, Zurich) was sold on 1 July 2013 to Sunrise Communications.
In September 2017, Lebara Group B.V. was sold to Switzerland-based Palmarium Advisors AG. The Spanish operation of Lebara (Lebara España SL) was sold to MASMOVIL Group in November 2018. In 2019, bondholders of Lebara (under holding company Vieo B.V.) took control of the company.
Lebara was sold to Waterland Private Equity in August 2024.
On Thursday, September 17, 2026,
Lebara got presence and commenced its operations in Nigeria.
From Wikipedia’s article on Lebara, shared under CC BY-SA 4.0.4