Polar Wireless has acquired Ontario Inc, a private Canadian company with a patent-pending solution to reduce global roaming fees on GSM phones. The technology will now be called the Polar SIM card, which is a tiny multifunctional electronic device that works as a SIM card overlay.

It fits inside a cell phone and works with the carrier's SIM card. Unlike other international calling solutions, subscribers keep their existing phone, number and dialing protocol while enjoying discounted Polar rates. To coincide with the acquisition, Polar Wireless has also appointed a new CFO and expanded its board of directors as it prepares for an expected growth wave driven by the new technology. Polar Wireless is a mobile virtual network operator (MVNO), and their newly acquired SIM technology is operable in over 213 countries.

This entry was posted on Thursday, October 27th, 2011 at 7:24 pm and is filed under Sim Card . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.