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After just more than a year in business as a mobile virtual network operator aggregator, France-based Sisteer has already signed more than 20 MVNOs hosting contacts, the company announced earlier this month.

Established in 2002, Sisteer soon became a major player in the mobile virtual network enabler market by provisioning a platform and offering it as a turnkey solution to emerging operators. In 2009, the company inked a partnership agreement with mobile operator SFR (News - Alert) to become a MVNO aggregator on its network.

Sisteer launched its first MVNO, ZERO FORFAIT, in November of 2009. By December of the following year, the company hosted more than 20 mobile virtual operators. This aspect of Sisteer's business now accounts for more than a third of its turnover.

Executives with the French company said that the anticipated growth of the MVNO market, as well as Sisteer's positioning in that market, should enable the firm to continue its explosive growth into 2011 and beyond.

"Our well-known technical expertise, as well as our solid industrial partnerships with leading telecoms providers, allow us to envisage the future with equanimity," Alain Bureau, CEO and Founder of SISTEER (News - Alert), noted in a company statement.

Moving forward, Sisteer will look to maintain its strong relationships with its partners and continue its investment policy. The company believes that this strategy will enable it to provide a unique MVNE’s portfolio of services in its home country.

Although headquartered in Paris, France, Sisteer operates subsidiaries in Brazil, Hong-Kong and Morocco. The company processes more than 10 billion CDRs and issues over 6 million invoices each year. As a leading technical enabler in France, Sisteer managed more than 2 million end users as of Dec. 2009.

For more information on Sisteer, check out their website.

Beecher Tuttle is a TMCnet contributor. He has extensive experience writing and editing for print publications and online news websites. He has specialized in a variety of industries, including health care technology, politics and education. To read more of his articles, please visit his columnist page.

Edited by Patrick Barnard