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The company was established on June 12, 2007, as a relaunch of NewComm Wireless Services (formerly d/b/a Movistar). Its new owners, M/C Partners and Columbia Capital , [ 1 ] [ 2 ] acquired Movistar's assets for $160 million USD [ 3 ] after Movistar filed for Chapter 11 bankruptcy protection in December 2006.
Mobile virtual network operators (MVNOs) in the United States lease wireless telephone and data service from the three major cellular carriers in the countryv—AT&T Mobility, T-Mobile US, and Verizon—and offer various levels of free and/or paid talk, text and data services to their customers.
In 2015, Ultra Mobile was ranked number 1 in Inc. magazine's list of the 5,000 fastest growing private companies in the United States, with a year-over-year growth rate of 100,849% and revenues of US$118 million in 2014, up from less than a million in 2012.
It is an Eligible Telecommunications Carrier (ETC) that provides free wireless services to eligible Lifeline consumers across 19 states. The TAG Mobile Lifeline Program provides cell phones to those in the low-income category and also individuals on government assistance programs in the US.
A personal unblocking key (PUK), sometimes called personal unblocking code (PUC), is used in SIM cards to reset a personal identification number (PIN) that has been lost or forgotten.
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