SAN CLEMENTE, Calif., April 10, 2012 /PRNewswire/ -- Elevate, Inc. (ELEV.OB) has expanded its existing MVNO agreement with Sprint to include access to Sprint's 4G (WiMAX) wireless network.
Elevate signed a 3G MVNO agreement in December 2011, enabling it to provide wireless over the Sprint 3G Network, which reaches 282 million consumers (including roaming). The 4G (WiMAX) amendments will allow Elevate to expand its portfolio of services to include fixed and mobile broadband delivery, significantly enhancing Elevate's suite of services for 120 million consumers in 71 markets across the U.S.
"Our original contract with Sprint was very good," says Wright Thurston, Elevate CEO, "it allowed us to evolve our product offering and address a significantly larger market. Now, with Sprint's 4G (WiMAX) infrastructure behind us, we are the only company able to sell every product in our Stack – voice, video, data, and home automation - to virtually every major population center in the country, with or without a phone line."
A key component of the original agreement is Elevate's ability to offer services on both a prepaid and postpaid basis, a feature that will extend into 4G (WiMAX) fixed and mobile broadband services as well.
Bryan Ferre, Elevate CMO explains, "Prepaid plans are popular among consumers who are looking for a specific value or service. Elevate customer loyalty is a function of our personal delivery model and stable infrastructure, not our long-term contracts. Our customers stay with us because we create long-term relationships with them that constantly provide value."
Velocity Internet, LLC, a wholly owned subsidiary of Elevate, Inc. is the contracting party.
Elevate provides data, voice, video, mobile and security solutions in 22 major markets through a network of independent Certifiable Geniuses.
(801) 918 9952
Certain statements, included in this release other than purely historical information, including: estimates, projections, statements relating to our business plans, objectives, expected operating results, and the assumptions upon which those statements are based, are "forward-looking statements." Forward-looking statements are identified by the words "believes," "project," "expects," "anticipates," "estimates," "intends," "strategy," "plan," "may," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are based on current expectations and assumptions, and are subject to risks and uncertainties, which may cause actual results to differ materially from the forward-looking statements. Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a materially adverse affect on our operations and future prospects on a consolidated basis include, but are not limited to: changes in economic conditions, legislative/regulatory changes, availability of capital, interest rates, competition, and changes in generally accepted accounting principles. These risks and uncertainties should also be considered in evaluating forward looking statements and undue reliance should not be placed on such statements. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Further information concerning our business, including additional factors that could materially affect our financial results, can be found at our website www.goelevate.com, and in our filings with the SEC.
SOURCE Elevate, Inc.