Are we seeing the end of MVNO (Mobile Virtual Network Operating) companies? Channel Partners Online believes so. In a recent article they shared why the collapse of Solavei and other companies are happening and will continue to leave the scene:
The MVNO scene in the United States is in the midst of a shakeup, according to reports.
And, frankly, the news doesn’t come as a big shock as the MVNO model – where companies lease network access from a larger wireless operator and then bill, usually without a contract, under their own brands – has come into question. That’s because providers including AT&T, Sprint and T-Mobile now offer their own bottom-dollar, no-contract services with the backing of more financial resources than their smaller rivals.
As a result, the following initiatives have come to an end: RadioShack’s Leap Wireless partnership; Spot Mobile’s and Solavei’s offerings, which ran on the T-Mobile network; and Chit Chat Holdings’ service, which relied on Sprint.
First, Fierce Wireless reported last week that RadioShack has put the kibosh on its no-contract product. The once-formidable retailer launched its prepaid service in 2012 but, contrary to most MVNO arrangements, had Leap provide the billing, not just the access.
That partnership came to end after AT&T earlier
Tag Archive for Guest Authors
Hot Business News Today
New ViSalus Ambassador Marco Passanante Leads European Expansion
by Tina Williams • • 0 Comments
Only a short time after holding its Vi Germany and Vi Austria pre-launch event in Frankfurt, ViSalus announced today that Berlin’s Marco Passanante, a successful European entrepreneur who started promoting Vi’s PROJECT 10™ Challenge in June 2014, has become the second Vi Promoter in the German market to achieve the prestigious Ambassador leadership rank*.
Over the past five years, Marco has been a top earner in Europe’s network marketing industry, a journey that opened up new opportunities to impact lives with Vi, including the chance to work with Vi Co-Founder and Global Ambassador, Nick Sarnicola.
“I was drawn to Nick’s leadership and the company’s mission and how they helped children through PROJECT 10 Kids,” said Marco. “The idea that I could be a part of transforming thousands of people not only financially but also physically really resonated with me.”
The importance of leading a healthy lifestyle was engrained into Marco in his youth. “I grew up as an athlete—a soccer goalkeeper,” he said. “I learned about how to eat right, how to sacrifice, and how to pursue your passions with tremendous hard work. Vi gives me the opportunity to Challenge others to improve their lives by using these same lessons.”
Today, the 31-year-old Passanante has used this strong work
Hot Business News Today
JM Ocean Avenue Announce Appointment Of New CEO And CFO
by Tina Williams • • 0 Comments
JM Ocean Avenue announced the appointment of a new CEO and CFO.
Tim Richerson has been appointed as the new Chief Executive Officer of JM HK and a Member of the Board of Directors, Tim has also been named the Chief Executive Officer and President of JM OA, Inc. Both assignments are effective immediately.
“As JM Ocean Avenue opens this new chapter, characterized by global expansion and an even greater focus on the success of our Distributors, the Board is confident that Tim is the right person to lead the company forward and we are pleased that he has joined us.” Joe Zhou, Chairman of the Board
Mr. Richerson brings 30+ years of vast and varied experience that includes consumer, financial and web based companies both in the public and private sector. Most recently as a Director of the Burnham Financial Group, a current Partner in GT Development and a Partner in a private web based auction business. Also from 2003—2008 Mr. Richerson formed the Alan James Group, LLC with a partner where they acquired a group of consumer product brands from Boehringer Ingelheim.
He then built the Alan James portfolio of well-known brands consisting of over 30,000 food, drug, mass and warehouse club
Hot Business News Today
The Healthy Home Company Partners Up With Environmental Water Systems
by Tina Williams • • 0 Comments
The Healthy Home Company, a membership-based buying club that offers over 100 products in the personal care, household, skin care, makeup, and health and wellness categories made with all-natural, Ecocert and ToxicFree® ingredients, now offers two water filtration systems, the Essential Drinking Water System, which is available for single-faucet water filtration and the EWS Spectrum, which provides whole-home water filtration and conditioning.
The Essential Drinking Water System provides true protection from toxic contaminants. With quick and easy installation, the Essential Drinking Water System allows families to enjoy chlorine-free, filtered water straight from a faucet with minimal maintenance.
The EWS Spectrum whole home water filtration and conditioning system provides chlorine-free, filtered water to every sink and shower throughout a home. With this system, customers can enjoy filtered water from any tap in their house, plus remove cancer-causing and endocrine-disrupting chemicals from water used to bathe, cook and clean.
Chemicals are absorbed into the body in mere seconds. Chemicals from the water used when showering, washing your face and brushing your teeth are no different. The EWS Spectrum prevents customers from absorbing and inhaling contaminants, improving the entire home’s water quality. Not only will those who use this filtration system enjoy the health benefits of drinking containment-free
Hot Business News Today
Stella & Dot’s CEO On The Brink Of Making A Billion Dollars
by Tina Williams • • 0 Comments
It’s a sunny, cold morning in Manhattan, too early for most people to be up. But in the New York showroom of the costume jewelry retailer Stella & Dot, a posse of chic employees are already caffeinated and hard at work. They are shoulder to shoulder around a long conference table, looking at bling—bib necklaces, bangle bracelets, cocktail rings, a rhinestone brooch fanned in feathers.
Busy grouping pieces into families is a raven-haired woman dressed like a high-fashion biker, right down to her black ankle boots: Jessica Herrin, 39, Stella & Dot’s CEO and founder. She lines up a row of necklaces, pulling out a golden rope chain that has a dangling trio of hearts.
She puts it around her neck and hoists the chain until the pendants lie against her sternum. “We need midlength,” she says decisively to her team. “It’s a style that works for everyone, everywhere. Dresses up or down. It’s fun or functional.”
Herrin’s close attention to her products and to the reasons women buy them has turned the business into a huge success. Since relaunching in 2007, Stella & Dot (stelladot.com) has paid out more than $100 million in commissions to its 20,000 sales reps.
Remarkably,
Hot Business News Today
Tania Rivera Shares How Visalus Changed Her Life
by Tina Williams • • 0 Comments
Houston resident Tania Rivera always had problems maintaining her weight. She especially struggled mentally and physically after losing her stepfather and the family’s home in a short period of time.
After that, Tania lost her purpose in life, gained weight, and became anti-social.
“I was a size 12, weighed 177 lbs., and lacked confidence in myself,” says Tania.
However, having been raised by a single mother, Tania learned to overcome adversity. She switched her mentality and was determined to lose weight.
“I decided to stop creating barriers for myself. I wanted to see how far I could go,” she says.
Tania blocked herself from all distractions, hit the gym, and pushed herself passed her limits until she went down to 148 lbs. But during the holiday season, she had trouble maintaining her weight again.
It was then when she saw Buddy Rivera, the 2013 North American Vi Model, on Facebook. His amazing results immediately inspired her to accept The Challenge.
Tania joined Vi and realized she was able to maintain her weight thanks to the support of Vi’s Community and diverse line of products.
A New Direction
Now, at 136 lbs., her vision of life is completely different. Tania is a Rising Star Director and has big dreams for
Hot Business News Today
Over 320 Applications For The Funding Made Available For Development Programmes By The World For People Foundation
by Tina Williams • • 0 Comments
Over 320 applications for a value of over $210 million: this has been the response to the first international announcement of funding available for development programmes of World for People Foundation(www.worldforpeople.org): an institution that has become in a few months a point of reference at international level. For the first time a foundation connected to a big player in the network marketing as World Global Network arrives at these levels.
Over the next eight weeks the Foundation will evaluate the entries and inform all applicants of the status of their application(s). Due to the large number of submissions, we will however not be able to give individual feedback to unsuccessful candidates. Shortlisted applicants will then have one month from receiving written confirmation of our interest in their project to submit a complete proposal and provide the necessary supporting documents.
With this international announcement of funding available for development programmes the Foundation proposes to contribute to the sustainable development of emerging economies through the promotion of innovative social projects which offer advanced technological solutions for improving the quality of life and economic conditions of the local population.
This project is designed to improve the conditions of pupils in existing schools in emerging countries and areas of
Hot Business News Today
Ackman Prepares To Extend Bet Against Herbalife
by Tina Williams • • 0 Comments
Bill Ackman, the hedge-fund manager who has mounted a two-year campaign to prove Herbalife Ltd. (HLF) is a pyramid scheme, will extend his bet against the company should he need to.
The cost of maintaining a position in options that profit from a drop in Herbalife shares has declined “substantially” since Herbalife canceled its dividend, Ackman said in his quarterly letter to investors dated today. Most of the over-the-counter contracts Pershing currently holds will expire next year.
“We will extend their terms by paying additional premiums if it is necessary to do so,” Ackman wrote in the letter, which was obtained by Bloomberg News.
Ackman has bet $1 billion against Herbalife and mounted a campaign that was capped by a more than three-hour presentation on July 22 purporting to show that the company is an Enron-style fraud. Investors brushed off his arguments, sending the stock up 25 percent in one day.
Today’s letter also acknowledged that the lengthy presentation and the hype he generated ahead of it were missteps. Herbalife shares, which have since tumbled after the company’s earnings missed projections later in July, are down almost 20 percent in the past year.
Originally reported by Bloomberg
Hot Business News Today
4Life Research Donates $100,000 To Auburn University
by Nicole Dunkley • • 0 Comments
Aburn University receives $100,000 gift from 4Life Research. The Molecular and Applied Sciences Laboratory in the School of Kinesiology will use the $100,000 donation from 4Life Research to advance the science of 4Life products, study new ingredients, and conduct ongoing research in support of current and future products for distributors and customers alike.
4Life Chief Scientific Officer Chris Lockwood, PhD, CSCS: “As an industry leader, our investment in university research is an absolute necessity to 4Life’s corporate goals of innovation, substantiation, and education.”
“4Life works continually to establish product credibility through exploratory research. Academic associations like this one with Auburn University are key to our strategic initiatives in the marketplace.” says 4Life President and CEO Steve Tew.
4Life’s donation to Auburn University will also fund the purchase of laboratory equipment, graduate student scholarships, and research-related faculty travel.
4Life Founder and Chairman of the Board David Lisonbee: “Research is in the name I used to launch the company. The science of transfer factor and supplementation is our foundation. We will continue to invest in the
ongoing work of our Health Sciences Advisory Board, patent acquisition,academic partnerships, and the leading technologies of our Research and Development team.”
About 4Life
4Life’s leading group of doctors, scientists, and researchers continue to
Hot Business News Today
59 Isagenix Reps Get Treated To A Trip To Paris For Increasing Income By $150K
by Tina Williams • • 0 Comments
Fifty-nine Isagenix businesses are preparing for the trip of a lifetime, a VIP adventure to Paris this October.
In April 2013, Isagenix took on a massive challenge: go above and beyond their goals and reach $500 million in global annual revenue between April 27, 2013 and April 27, 2014. Associates that achieved their personal targets (increasing their previous annual Isagenix earnings by at least $150,000), earned an all-expenses-paid trip of a lifetime to Paris. There, they’ll experience fine food, superb sight seeing and more!
The goal of this promotion was to foster the culture of cooperation between our independent sales associates and the Corporate team around the world. The results speak for themselves.
“Together we are providing Solutions to Transform Lives™. Together we are impacting world health. Together we are freeing people from physical and financial pain.”
About Isagenix
Isagenix is a privately-held business that reported more than $500 million in revenue from April 2013 to April 2014. Founded in 2002, the company has done more than $2 billion in sales with products in weight-loss, energy and anti-aging.
As part of a multi-level direct sales company, Isagenix associates earn money by selling the company’s health products, enrolling other associates and receiving commissions from teams they assemble beneath