United Online, Inc. (UOL) Makes A Deal With Sprint LTE And Verizon 3G For NetZero
United Online, Inc. (NASDAQ:UOL) runs the Internet service provider NetZero based in Woodland Hills, Los Angeles, California. Started in 1998, NetZero now offers a budget-friendly mobile broadband service. NetZero sells a portable 4G modem in the form of a USB stick and a Hotspot device for laptops, netbooks, iPads, and tablets.
United Online has made MVNO agreements with Sprint and Verizon. The five year agreement with Sprint gives NetZero LTE and EV-DO. The Verizon deal gives NetZero EV-DO for three years. Both agreements will be starting in Q2 2014.
“We are pleased to announce two agreements that will significantly expand the coverage and enhance the offerings of our NetZero Mobile Broadband service,” stated United Online president and CEO Mark Goldston. “We have signed a three-year agreement with Verizon to offer the NetZero Mobile Broadband service on Verizon’s nationwide 3G network. When the service is launched, we expect NetZero Mobile Broadband will be available in approximately 500 markets and cover more than 300 million people, or approximately 95% of the entire U.S. population. Also, we have signed a five-year agreement with Sprint to offer the NetZero Mobile Broadband service via Sprint’s 4G LTE and 3G networks. This agreement will allow us to expand our NetZero Mobile Broadband coverage to a projected 200 million people in 2014 on the Sprint 4G LTE network.”