Yep, looks like the folks at Movida, after cycling through a few plan options, have gone bankrupt. They said that Sprint was charging them too much to use the network. I think the more likely case is that Wal-Mart was taking too much money on the front end out of the phone purchases, but either way they're dead. Guess the Hispanic audience wasn't large enough, or some other such problem. I'm just surprised that a company with such a large retail presence (read: Wal-Mart) would fail after only a few short years of being out there. Oh, right...we're in a recession or something...
...though I've been talking with the folks at BabbleBug and they said they can work something out for former Movida customers to switch over to Total Call Mobile (same network, 10 cents per minute, 5 cents per text, 90 day expiration on airtime, cheap international calling) at prices that are really, really nice. Click on over to BabbleBug if you're a victim of Movida's bankruptcy...the info on this concilliatory promotion should be up pretty soon.
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