Solavei Will Shut Down Its Operations On December 4, 2015
Solavei CEO Ryan Wuerch has announced in a webcast aired on Thursday November 19, 2015, that Solavei will shut down its operations on December 4, 2015. T-Mobile MVNO Solavei has tried to recover after filed for Chapter 11 bankruptcy on June 19, 2014, but that was obviously not enough. Wuerch explained that “company was not able to reach terms with our current mobile service provider to continue providing quality, cost-effective service to our members.”
Solavei will have to stop paying commissions to all of their marketing associates. “For those of you who are brand partners that have been with us building a business with Solavei, this is incredibly challenging news,” Wuerch said in the video. “Frankly, the last couple of days have been the hardest, the most difficult of my business career. Because, what it means is we are now forced to stop all payments, commissions, and all future service under the Solavei brand. I never would have thought it.”
Solavei started its operation in September 2012, introducing a very inventive model of promoting its mobile service in a way that looked almost like a Multi-Level marketing. According to results from October 2013, Solavei has attracted 250,000 new users after a year in business. But, after introduction of new plans at the end of 2013, Solavei’s customer base declined, which led to a bankruptcy in June 2014.
For all current members, Solavei recommends switching to a T-Mobile’s Simply Prepaid plans. T-Mobile’s prepaid division prepared special offer for all Solavei users who continue to use T-Mobile service. They will receive first month of service for free and a $10 credit for each month until June 2016 for all those who continuously remain on qualifying prepaid plan. All users will receive a free T-Mobile SIM card in their mail.
Simply Prepaid plans feature unlimited talk, text and 4G LTE data for plans $40 and up.
- $35 monthly plan – unlimited talk and text, no data
- $40 monthly plan – unlimited talk, text and data with up to 1GB at 4G LTE speeds
- $50 monthly plan – unlimited talk, text and data with up to 3GB of 4G LTE speeds
- $60 monthly plan – unlimited talk, text and data with up to 5GB of 4G LTE speeds
Also, all former Solavei users will be qualified for T-Mobile’s Smartphone Equality. Smartphone Equality allows users to get “best up-front price like nothing down” for a new smartphone after 12 months of on-time payments in a row.
Source: Solavei Mobile