The business models of MVNO are studied in chapter 4.

第四章研究虚拟运营商的商业模式。

But as a whole, the effect of MVNO on the market is not great.

但总体看来，MVNO目前对市场的影响还不是很大。

Mobile virtual network operator (MVNO) is the current hot topic.

移动虚拟运营是当前的热门话题。

This is known in the industry as a "mobile virtual network operator", or MVNO.

这就是移动通讯业界所说的“虚拟手机网络运营商”(Mobile Virtual Net work Operator)，简称MVNO。

With the immense scale of the Indian market, we know that many niche services will spell huge success for our MVNO clients.

对于大规模的印度市场，许多定位准确的服务将会获得来自虚商客户的巨大成功。

MVNO is a newly -emerged telecom-munication service operator who provides mobile services for customers through other operator's mobile network.

移动虚拟运营商（MVNO）是新出现的通过其他运营商的移动网络为用户提供移动业务的电信业务运营商。