When Blyk, the ad-funded, youth targeted MVNO, scored 40 million euros ($50.5 million) in its latest round of funding a few weeks ago, it also announced that it was embarking on a new “partnership strategy”, though no details of what these entailed were given at the time. The company has…

Ad-funded, youth-targeted European mobile virtual network operator Blyk announced yesterday that it had secured a massive €40 million in funding from its existing backers, which include Goldman Sachs, IFIC and Sofinnova Partners, no mean feat for a company whose business model relies almost entirely on advertising at a time when…

Ad-funded, youth-oriented mobile virtual network operator Blyk has raised a massive €40 million (£33.7 million) round from its existing investors - Europe’s second biggest media/tech investment this year, according to LibraryHouse. The funding is a real boost for the company, both in terms of money as well as belief in…