Truecaller AB has recently announced that it is entering a new phase of mobile growth transformation in the year 2026. This new approach will focus on creating long-term value rather than short-term financial gains. As a result, the company is heavily investing in its product development to cater to all smartphone users worldwide. This new approach comes after a year of laying strong foundations, during which the company exceeded 454 million active users. Additionally, the company also wants to diversify its revenue streams by increasing its premium and enterprise services.
Revenue Diversification and Global Expansion
The company has registered a huge 53% rise in premium subscription revenues towards the end of 2025. This is a clear indication that customers are ready to pay for advanced communication solutions. On the other hand, Truecaller for Business is a critical component for the company’s global expansion. The company is set to improve its business call verification services to tackle the growing problem of global communication fraud. Switching to this hybrid approach will enable the company to cut its reliance on the fluctuating advertising market. The company’s management is extremely optimistic about its growth prospects in other regions, apart from its main market in India. The Middle East, Africa, and Latin America have huge potential for fast growth. In addition, the company’s stock buyback program is a clear indication of its confidence in its future prospects. Truecaller aims to revolutionize trust in digital conversations through simplicity and AI-powered efficiency.
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News Source: PRNewswire.com