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December 03, 2007

Platinum Wireless Merges with Simplicity Wireless to Create a Powerhouse in the Wireless Industry

By Anil Sharma, TMCnet Contributing Editor

Platinum Wireless (News - Alert) is merging with Simplicity Wireless, a national distributor for Boost Mobile products and services, for an undisclosed amount.



 
For Platinum Wireless, which is aggressively diversifying assets to further expand wireless distribution channel merger with Simplicity, the merger with Simplicity is the second major transaction in less than one year.
 
The company had recently acquired American Connections.
 
“We knew that a broader service roster would allow us to better serve our clients and acquire new client partnerships on the way,” Greg Wilk, Sr. VP of Sales stated in a press release.
 
Platinum Wireless was attracted to Simplicity Wireless due to its strong market share of the Boost Mobile Prepaid market.
 
“They target mass business and consumer market by offering innovative wireless services that are simple, affordable, local, and relevant,” states Baze Melamed, President.
 
“The merger was a logical next step in the growth of Platinum Wireless. Simplicity Wireless greatly complements our Sprint (News - Alert) operation to serve a new sector of the wireless users and tap into the talents of both Sprint and Boost,” states Jeff Javidzad, CEO.
 
Based in San Diego and Michigan, Simplicity Wireless is a leading distributor in prepaid wireless products and services. They are the leading distributor of Boost Mobile.
 
Simplicity was founded in 2002 by Garvin Garmo and Marvin Attallah and currently has a West Coast operation in San Diego, California and an East Coast operation in Farmington Hills, Michigan. Since the merger Platinum Wireless’ employee roster has grown to an impressive 110 and services 3,000 points of distribution nationwide.
 
Based in Los Angeles, California, Platinum Wireless is the National Master Authorized Representative for Sprint Nextel (News - Alert).
 
Platinum Wireless was honored as one of the 100 top privately held companies by the Los Angeles Journal in November 2007 and has been on the list each consecutive year since 2003.
 
Anil Sharma is a TMCnet Contributing Editor 







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