The mobilevirtualnetworkoperator(MVNO) does not own any infrastructure, but buys airtime, data, and services in bulk from physical networks, and then packages these up for their users.
For more than a year, company execs have been discussing becoming a "mobile virtualnetworkoperator, " or MVNO, a model under which a company skips the expensive process of building a national phone network, instead signing on with an existing provider and rebranding its service.