MTX Connect launches service in Europe

Luxembourg - July 04, 2014 - MTX Connect, a new Luxembourg data-only MVNO, launches mobile broadband internet access for people traveling in Europe.

MTX Connect offers travelers in Europe a pre-paid SIM card that delivers mobile broadband internet access throughout the continent. Customers get 3G mobile internet access at a single flat rate. The company’s goal is to relieve travelers of unpredictable roaming charges and the hassle of sorting through more cost-effective options.

Unlike most other mobile network operators (MNOs), MTX Connect does not offer additional bundled services along with its mobile broadband internet access. It also does not require customers to invest in new hardware or an expensive initial data package that will eventually expire.

The budding tech company lists a host of reasons for basing their activities in Luxembourg. "The country is geographically advantageous for us as an international MVNO that needs to establish and maintain relationships with mobile operators in each EU country," explained MTX Connect Managing Director Mikhail Kornev - "Luxembourg’s infrastructural assets such as rich fiber-optic connectivity and data centers with attractive rates are also a plus. And the multinational tech-oriented community creates an excellent technology entrepreneurship culture, which benefits both start-ups and more established companies. Finally, the small and efficient government’s continuous support of the ICT sector provides an excellent business environment — in a word, the Silicon Valley of Europe."

The Luxembourg Minister for Communications and Media Xavier Bettel welcomes the presence of MTX Connect in Luxembourg and underlines that their presence "confirms that Luxembourg is an ideal place for telecom companies developing their business into Europe. Luxembourg indeed fully supports an innovative and affordable technological environment that allows hassle-free mobility in a connected world."

For the Minister of the Economy Etienne Schneider, "the establishment of MTX Connect in Luxembourg is a clear result of the serious efforts to promote Luxembourg and of the important investments supported by the government in ICT infrastructure. As I am also in charge of tourism, I am delighted that a Luxembourg based company offers a single pre-paid SIM card that travelers can use during their stay in Luxembourg and their trip throughout Europe."

MTX Connect SIM card is free, doesn't expire, and can be activated instantly in any 3G compatible mobile device. Customers can choose to pay by the day or by the megabyte, at rates comparable to local European carriers.

MTX Connect SIM card currently operates in Luxembourg and 12 more European countries. The company expects to add four more countries by July and most EU countries by the end of summer.

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About MTX Connect:

Founded in 2013, MTX Connect is a full MVNO (mobile virtual network operator) specializing in broadband internet access services for travelers and serving customers from Europe, North America and Asia, and specific countries through Africa and Australasia. MTX Connect is headquartered in Luxembourg, with offices in Tallinn, Kiev, Limassol, Moscow and Hong Kong.

Learn more at www.mtxc.eu

Press Contact:
Phil Akhnazarov
MTX Connect
phil.akhnazarov@mtxc.eu