Mobile Virtual Network Operator (MVNO)

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Trump Mobile is not real, can't press release past operating a phone network, says The Verge's Patel
CNBC Television· 2025-06-16 19:12
Product & Service Analysis - The offering is likely a mobile virtual network operator (MVNO), essentially a rebrand of T-Mobile's network [2] - The phone is expected to be a rebranded Chinese Android phone priced at $499 [2][11][12] - The service advertises unlimited data, but it's likely throttled after 20 gigabytes, similar to other providers [7][8] - The service is priced at $4745.45, significantly more expensive than competitors like Mint Mobile which offers similar service for $15 [6][7] Manufacturing & Operations - Claims of manufacturing phones in the US are likely limited to assemblage, not full construction [10] - The call center will be located in St Louis [4] - Building a phone with the advertised specs in the US and selling it for $499 is financially unfeasible due to high capital expenditure [12][13] Market Positioning & Promises - The company is leveraging the Trump brand to sell existing products and services [11][14] - Promises made by the company are unlikely to be fulfilled in the long term [14] - The company expects many customers to bring their own phones to the network [6][11]
SurgePays Reports First Quarter 2025 Financial Results
Prnewswire· 2025-05-13 20:05
AT&T Integration Complete; Nationwide Launch Positions Company for Most Aggressive Growth Phase to DateCompany Ships Over 250,000 SIM Cards and Secures $6 Million in Cash to Accelerate ExpansionBARTLETT, Tenn., May 13, 2025 /PRNewswire/ -- SurgePays, Inc. (Nasdaq: SURG) ("SurgePays" or the "Company"), a wireless and point-of-sale technology company, today announced its financial results for the first quarter ended March 31, 2025. Following the successful nationwide launch and full integration with AT&T, the ...