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Jul 11, 2016 4:01 EST

Armed Forces Wireless/Mobile, Inc.: We provide cellular phone service for the armed forces market, which represents a market of 7.3 million active duty personnel, dependents, reservists, civilian employees, and retirees, with an annual payroll exceeding $90 billion.

iCrowdNewswire - Jul 11, 2016

Armed Forces Wireless/Mobile, Inc. Logo

 

 

Armed Forces Wireless/Mobile, Inc.

 

 

Vista, CA 92081, US
Telecommunications
myafmobile.net/

 

 

 

We provide cellular phone service for the armed forces market, which represents a market of 7.3 million active duty personnel, dependents, reservists, civilian employees, and retirees, with an annual payroll exceeding $90 billion.

Our business model consists of two parts: a network of cell phone users (i.e., subscribers) and a Master Agency that acquires new subscribers for the network. Nearly all aspects of the process are automated and happen in real time. Since we need not own or operate actual telephone equipment, we are referred to as a Mobile Virtual Network Operator (“MVNO”). All actual cell phone traffic is handled by one of the four major U.S. cell phone carriers. We buy minutes of cell traffic from the carriers and resell it to our subscribers at a profit.

Our business plan is based on a cumulative recurring revenue model. Subscribers prepay for service on a monthly basis. Flexible plan options give subscribers the choice to buy only the services they want or need and there is no contract or obligation. Once subscribers enter the network they generally stay in the network. With time, the network—along with revenue—grows cumulatively, with each successive month’s subscriptions added to all prior recurring monthly subscriptions.

Adding new subscribers on a regular basis, therefore, is key to the business plan. We accomplish this both directly, by way of direct sales, and, indirectly, through a network of independent dealers by way of our Master Agency, VTG Mobile, Inc.

By leveraging the business relationships of its affiliate firms with the four major U.S. carriers, Armed Forces Mobile is uniquely positioned to offer both the niche military and broader markets as much as 10% of net profits to support Operation Support Our Veterans in helping military personnel, veterans, their communities and their loved ones. This is in addition to providing competitive pricing, dependable service on the same networks as that provided by the four major U.S. carriers, and low cost international calling plans. Contact Andrew Ivchenko, Esq. at [email protected] for more information, or call 480.250.4514.

 

 

Products / Services

Prepaid cellular phone provider

Unlike the overall U.S. wireless market, which is saturated, there is substantial room for growth through the ongoing acquisition of new subscribers in the prepaid market. For one, prepaid pricing is lower in cost than postpaid contract plans. For another, the prepaid pricing model delivers identical service through the very same wireless towers and wired and wireless networks used for postpaid plans offered by the four major U.S. carriers. Because of these benefits, new subscribers in the first quarter of 2013 migrated to no-contract, prepaid wireless plans from postpaid contract plans by a ratio of approximately 10 to 1 in an industry that grew by only 1.36 million. This redistribution of subscribers from postpaid contract plans to prepaid no-contract plans in an otherwise mature industry creates substantial opportunities for Armed Forces Mobile to grow its subscriber base by preferentially targeting the niche military market.

 

Management

Chief Executive Officer
Tony Smart

 

Chief Operating Officer
Robert Feasel

 

Counsel/Legal Officer
Andrew Ivchenko, Esq.

 

 

Summary

Prior Year Revenue Current Year Revenue Next Year Revenue

 

Company Age Employees Sub-Industry
2 years, 2 months 35 Wireless Communications Services

 

Company Type Stock Exchange Stock Symbol
Privately-Held

 

 

 

 

 

Contact Information:

Tony Smart

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