Source: Npros 11/21/2015

Solavei Shutting Down as of December 4

In a webcast that aired Thursday, Solavei CEO Ryan Wuerch announced that the company will shut down on December 4. Wuerch explained that Solavei was not able to "reach terms with our current mobile service provider to continue providing quality, cost-effective service to our members," and that the "competitive landscape of the mobile service industry" forced Solavei to make a series of changes that "put an incredible strain on our company."

Solavei launched in 2012 and signed up more than 400,000 members during its history. However, in late 2013, the company angered members when it introduced a new rate plan that throttled how much cellular data they could use. In June 2014, Solavei filed for bankruptcy. In March 2015, the company announced plans to merge with Netherlands-based Aspider as it emerged from Chapter 11 proceedings.

Solavei is recommending that its current customers switch to T-Mobile prepaid service. T-Mobile is offering Solavei customers who switch their first month of service free as well as a $10 credit each month until June 2016 if they port-in by December 4, 2015 and continuously remain on a qualifying prepaid plan through June.

View Solavei Review

Related News

  • Solavei Completes Merger
    SEATTLE, Aug. 3, 2015 -- Solavei, the industry-leading social commerce network that provides mobile service to its members, announced today that it has completed its merger with ASPIDER, a Netherlands-based company that provides core mobile infrastructure and services to more than 70 mobile service ...  Read More...
  • Solavei Announces Merger with ASPIDER
    Social commerce network and mobile service provider Solavei filed its plan of reorganization and announced it will merge with industry leader ASPIDER, a Netherlands-based company that has provided core mobile infrastructure and services to over 100 mobile service providers and millions of subscriber...  Read More...
  • Solavei Files Plan of Reorganization and Announces Merger
    SEATTLE - (March 09, 2015) - Social commerce network and mobile service provider Solavei filed its plan of reorganization today and announced it will merge with industry leader ASPIDER, a Netherlands-based company that has provided core mobile infrastructure and services to over 100 mobile service p...  Read More...
  • Solavei: Court Approves Injunction Against Stream in Trade Secrets Lawsuit
    DALLAS, Jan. 23, 2015 -- A Dallas District Court judge today blocked Stream Energy from using proprietary technology and information to launch a new mobile phone service after social commerce leader Solavei sued Stream for stealing trade secrets gathered during extensive merger talks.

    Seattle...  Read More...

 

Solavei News Archive

New Companies on Npros

Receive News and
Updates from Npros.com

 Send me news updates
 Send me New Companies

RSS Npros News Feed