SOURCE: Pure Minutes LLC

December 03, 2015 00:09 ET

Pure Minutes to Acquire UVA Mobile

Democratizing Technology for the Benefit of All

NEW YORK, NY--(Marketwired - December 03, 2015) - Pure Minutes announces that Pure Minutes and UVA Mobile, a MVNO, have formalized acquisition talks by executing a joint letter of intent of purchase and sale, earlier today.

UVA Mobile is a MVNO with an exceptional opportunity for growth, through their innovative price structure and customizable plans; along with their integrated low-cost long-distance services and their robust network, which is backed by a national and international mobile calling and data infrastructure.

Pure Minutes, a leading pre-paid long-distance and mobile top-up provider, will use its experience and wholesale telecom buying power to provide UVA Mobile customers with the lowest long-distance calling rates available on the market today.

Combining the impending acquisition of UVA with the recent announcement of Pure Minutes' partnership with Mobitize Corporation (OTCQB: MPAY), Pure Minutes and UVA will soon be the first in the market to combine bill-payment, mobile banking, international and domestic mobile top-up and prepaid long-distance service all directly integrated in a mobile carrier's SIM card. This direct integration and proprietary technology will allow Pure Minutes to democratize cost of bill payment transactions and long distance calling services to a demographic, primarily lower-income families and small businesses, that have been previously subject to disproportionately high-costs.

Eric Ramos, President of Pure Minutes, says, "With the launch of our new iPhone mobile application, the partnership with Mobitize and the looming UVA Mobile acquisition, we remain focused on delivering the very best to our customers. As Smartphone usage skyrockets across many demographics we sense a strong opportunity to combine all of the features into a SIM card and offer our consumers and beyond a one-stop for domestic and international calling, texting and data, as well as top up and mobile banking solutions, through our mobile wallet. The bundling of complementary services will create a much greater efficiency and thus a much better value for our very specific demographics of subscribers."

About Pure Minutes

Headquartered in New York City, NY, Pure Minutes is a leading provider of international prepaid calling and Top Up mobile phone payments. Using revolutionary technology that works with any landline or mobile phone service provider, Pure Minutes eliminates the need for calling cards and inconvenient PINs. With signature low rates and high-quality connection worldwide, Pure Minutes is developing as a global brand with a diverse and rapidly growing subscribership.

About UVA Mobile

UVA Mobile is a premiere pre-paid wireless provider that offers flexible and accessible plans perfectly designed for families, businesses or individuals who share a two line/device plan. UVA Mobile's customizable plans are powered by, the nation's fastest 4G LTE network and is compatible with virtually any unlocked GSM device, including Android and Apple devices. UVA Mobile is passionate about providing simple and dependable plans that meet customers' own terms, allowing them to pay only for what they need and never be forced into another contract again.

Contact Information

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    Media Relations
    212-796-6112
    media@pureminutes.com