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TruConnect Forms TruConnect Technologies LLC;Acquires Network Operator Business of WeFi, Inc.
#Acquisition
About
TruConnect is a mobile virtual network operator (MVNO) that sells mobile hotspots and smartphones and 3G/4G LTE mobile data plans and prepaid cell phone talk & text plans on T-mobile's network. TruConnect was the first prepaid broadband provider in the U.S. to offer a pay-as-you-go, portable Wi-Fi service plans
In September 2016, TruConnect Communications, Inc. announces that it has formed TruConnect Technologies, LLC, a new unit that acquired the business, operating assets, and technology of WeFi, Inc.'s network operating activities. The company, Truconnect Wifi Ltd., is operating an R&D center in Tel Aviv.