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eSIM pioneer and global MVNO sold for £1 after Russian owners were hit by sanctions
While it is a UK-based company, Truphone also owns Montana based iSmart Mobile and has a Delaware-incorporated US operating unit
Drahi is now the biggest shareholder in BT with nearly one fifth of the stake
It has not been reported why the review is taking place, or how long it will last
Abramovich and his Russian business partners could lose more than £300 million on their investments in Truphone
Truphone is accused by the Federal Communications Commission of allegedly exceeding statutory limits without Commission approval
Truphone has provisioned close to 18m SIMs globally, up from 10m last March
eSIM adoption is set to reach 3.4 billion globally by 2025, up from 1.2 billion last year, according to Juniper Research
The deal will last for five-years and provides Truphone customers with EE’s mobile network
Operators have seemed reluctant to push the benefits of eSIMs, but increased travel may soon change things