Prepaid Wireless Group Announces MVNO, Prepaid Provider 5G-Readiness
Paul Greene, Prepaid Wireless Group CEO, shares industry insight as next-generation 5G networks provide more speed and capacity
"Delivering faster speeds, far less lag time, and new uses in areas like mobile HD video, connected cities and homes, self-driving cars, mobile virtual reality, smart agriculture, and consumer wearables, CTIA estimates that 5G will ultimately connect 100 times more devices at 100 times faster speeds than carriers can offer today. That's big stuff," says Paul Greene, CEO of Prepaid Wireless Group. "My company exists to offer customers a reliable, affordable, and next-generation prepaid option. We do this by connecting Mobile Virtual Network Operators (MVNOs) to the extra capacity of the wireless networks run by the four national carriers – AT&T, Verizon, T-Mobile, and Sprint. Our MVNO partners then make the big carriers compete to sell them their excess capacity, which lets them offer affordable service and create head-to-head competition for customers."
PWG customers have access to the latest devices, a nationwide network, operator services, and 24/7 support. "Together, we use the full power of our nation's wireless networks, which might otherwise go unused as carriers hold out for higher priced contract customers," Greene explains. "Our strategy has helped keep the wireless market competitive, and we'll keep going as next-generation 5G networks provide even more speed and capacity. To bring our strategy into the future, we need access to competitive nationwide 5G networks. This is going to take a ton of investment by carriers, and some are too small to do it on their own. We can't keep the market competitive if Verizon and AT&T are the only operators with meaningful 5G networks, which is why we support T-Mobile and Sprint's decision to join forces to build a third powerful nationwide 5G network."
While maintaining relationships with all major carriers, Greene nonetheless says together T-Mobile and Sprint have stood out in their support of PWG's mission and MVNOs. "T-Mobile has allowed us to activate over 4 million customers and has approved about 50 MVNO/prepaid distributors. T-Mobile's 'Un-carrier' attitude flows through to every aspect of its business and has allowed the company to support customers on every level," he continues. "We simply couldn't ask for a better partner and are constantly impressed with T-Mobile's level of support. Together, the New T-Mobile will be able to launch and support 5G faster than the big carriers can today, and will be strong enough to force AT&T and Verizon into making their own networks better and building them faster."
Analysts predict that the merger will speed up 5G deployment by 15 or even 20 percent. "This will make a big difference to customers, and will allow Americans quicker access to the 5G innovations sure to follow," Greene says.
With three serious 5G networks, PWG and other MVNOs will be able to offer its customers next-generation devices that leverage the power of 5G, continue pushing prices down for service, and leverage the full potential of all three networks. "This is particularly important in rural America, where MVNOs have found that Verizon and AT&T are already their only choice for a strong 4G network," Greene says. "The New T-Mobile will have the scale and resources to create a strong third competitor in rural America by investing nearly $40 billion in its network and business in the next three years alone, with an eye on rural deployment."
Greene says investment from the New T-Mobile in its network in rural areas will also promote MVNO competition in the near term with improved 4G coverage. "Plus, they will have the resources to continue this buildout with a powerful 5G network covering the entire nation," he continues. "MVNOs will finally have a third choice in carriers to cover rural America, and the largest carriers will feel the pressure to accelerate rural investment and deployment. This will create a 4G and 5G wireless market that is fully competitive in the entire nation, not just in densely populated cities."
Greene says he believes T-Mobile and Sprint understand that customers want a lower priced option that doesn't feel like a compromise. "The New T-Mobile will have the scale necessary to support the massive investments required to buildout its 4G LTE and 5G networks fast enough to stay ahead of consumer demand," he adds. "Together with the New T-Mobile, PWG will help deliver competitive, 5G-enabled devices to prepaid customers that cannot be reached with existing networks, and unleash the full power of our nation's wireless networks."
To learn more about Prepaid Wireless Group, visit http://pwgns.com.