PrepaYd Wireless' MVNO agreement, essentially putting PrepaYd out of business. I've heard nothing new since then from PrepaYd or Sprint.
PrepaYd's threatened law suit against Sprint doesn't seem to have been filed. I suspect that PrepaYd is insolvent and Sprint has cut them off for non-payment.
If you are a PrepaYd customer and don't want to lose your number I recommend porting out now. If I'm right and PrepaYd is broke, sooner or later they will close up shop completely and it will be difficult or impossible to port.
You need your account number and passcode to port. Your account passcode is your four digit security PIN. The only way to get the account number seems to be by contacting PrepaYd or a PrepaYd dealer.
If you want to use your current PrepaYd phone you need to port to another Sprint MVNO that supports "Bring Your Own Sprint Phone" (BYOP) such as EcoMobile Ting, Red Pocket CDMAS, Expo Mobile, RingPlus or Chit Chat. See Sprint and Sprint MVNO Prepaid Plans Compared for details of each operator's plans.
The PrepaYd meltdown began on 2/14 when PrepaYd dealers received this message:
We regret to inform you that Sprint has terminated PrepaYd Wireless’ Sprint MVNO Agreement and that we will no longer be able to activate new customers on PrepaYd Wireless. We have suspended all Top Ups and activations. We have made the Account Numbers available for you Customers in the Dealer Portal under the Customer Report. We are in the process of filing an Anti-Trust Claim against Sprint for what we believe have been anti-competitive and unfair business practices by Sprint to PrepaYd, Wireless Customers, Wireless Dealers, and to other Sprint MVNOs. If you have felt that at any point Sprint has harmed you or your customers in any way to contact us at [email protected].
PrepaYd also issued a press release (copied below) saying that it's filing an anti-trust suit against Sprint and asking other MVNOs to join them in the suit and for customers who feel they have been harmed by Sprint's actions to contact Prepayd:
PrepaYd, Inc. Announces it seeks other Sprint MVNO's to Join proposed Anti-Trust suit over the Sprint MVNO Program
PrepaYd provides wireless services to U.S. residents with little or poor credit
Henderson, NV (PRWEB) February 14, 2014
PrepaYd Inc. formerly Known as Prepaid Card Holdings, Inc. (OTC: PPDC.PK) which is a Sprint Mobile Virtual Network Operator “MVNO” announced today it is looking for additional past and present Sprint MVNO's to join PrepaYd in an Anti-Trust suit involving the Sprint MVNO program. PrepaYd has prepared a suit to be filed in the District Court , Clark Count , Nevada.
PrepaYd is currently interviewing law firms to represent them on this matter.
Wireless subscribers whose phone was shut down with little notice, MVNO shareholders, creditors and dealers who wish to be part of this proposed anti –trust lawsuit please send an email to [email protected] detailing how you were harmed and what your estimated damages were.
Originally publisher 2/14/2014, updated 2/20/2014
Press release source: PRWEB