Truecaller's Diversification Play: A New Revenue Stream Emerges Truecaller, a Swedish caller ID company, has launched its eSIM services for travelers as part of a broader effort to bolster its balance sheet and diversify its business.
This strategic expansion is driven by the need to adapt to changing market conditions, where traditional revenue models are facing growing competition.
The company's decision to enter the eSIM market comes on the heels of significant job cuts and disappointing Q1 2026 numbers. Net sales plummeted by 27% to SEK 362 million ($39.