SAN CLEMENTE, Calif., Feb 07, 2012 (BUSINESS WIRE) — Elevate, Inc. ELEV today announced an agreement with Sprint Nextel Corporation whereby Elevate will sell mobile voice and data services to consumers and businesses using the Nationwide Sprint Network.
Elevate’s MVNO agreement, which was executed at the end of December, will enable the Company to provide mobile network connectivity and the latest Android and Windows-based devices to over 274 million consumers on both a prepaid and postpaid service basis.
“We’re excited to offer our customers exclusive Elevate rate plans, reliable coverage and innovative products through our new relationship with Sprint,” says Wright Thurston, Elevate CEO. “This contract makes it possible for us to bundle Elevate branded mobile voice and data connectivity with our other digital services in such a way as to offer additional savings off our already competitive Stack service plans.”
As a digital services integrator, Elevate is able to provide comprehensive service ‘Stacks,’ or product packages that are customized based on a consumer’s particular needs. Unlike other popular bundled offerings, the component services in an Elevate Stack aren’t exclusive to any single delivery network or partner provider. In other words, Elevate customers can save even more on their home automation, digital television, wireless broadband Internet, and digital telephone services by signing up for Elevate mobile.
In addition to rounding out the Company’s digital services offering, the Sprint contract also provides a key benefit to current Elevate home automation subscribers. Through Elevate’s mobile application, Smart Home customers can access their security and monitoring systems, they can view recorded and live video feeds; arm and disarm door and window sensors; lock, unlock and open access points like windows, doors and garage doors; and view intruder or status alerts.
Rod Place, Elevate COO, explains, “Our mobile application and in-home technology give our customers a lot of control over their homes, even when they are not in them. That control, however, is subject to the quality and consistency of the network over which the application communicates. Sprint’s network is massive, reliable and affordable. It makes our Smart Home product that much better.”
Velocity Internet, LLC, a wholly owned subsidiary of Elevate, Inc. is the contracting party.
About Elevate
Elevate provides data, voice, video, mobile and security solutions in 22 major markets through a network of independent Certifiable Geniuses.
Forward-Looking Statements
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.
Elevate, Inc.
Coby Bush, 801-918 9952
cbush@goelevate.com
Copyright Business Wire 2012
