Spot Mobile, www.spotmobile.com – the dynamic mobile virtual network operator which offers some of the best in mobile services/phones, prepaid phones and SIM cards, reported today the acquisition of key/strategic technology assets from Yak America Incorporated.
A robust and cutting-edge telecommunications switching platform thus falls under the sage direction of RPIDD, which has already established a very strong presence in the industry via wholly-owned subsidiaries Mr. Prepaid, Inc. and Spot Mobile Corporation.
The deal puts RPIDD in a very select and small league of companies able to offer prepaid wireless like this over its own switching platform.
Operating on the GSM network and able to leverage the two top domestic GSM networks in the US, RPIDD is able to offer its range of products from the prepaid domestic/international wireless, text/data and prepaid phones/SIM cards to a huge audience.
Such a clearly defined market space is not lost on investors, as the Company secures even more of a foothold, its ability to capitalize on advantages created by this acquisition will continue to produce substantial returns.
Chairman and CEO of RPIDD, Charles Zwebner, explained the importance of this transaction, detailing the extent to which the Company is now in possession of “full control and ownership” of all the necessary assets required to support mobile initiatives, both now and in the future.
Zwebner said that RPIDD is extremely well positioned now to take advantage of the market trending toward prepaid wireless, a market projected to grow 150% over the next five years, to 160M users (International Data Corporation report).
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