The new virtual mobile operator is believed to be owned by Verizon.
(CCM) — A new wireless company called Visible is challenging established carriers like AT&T and Verizon with a $40 per month service offering unlimited messaging, voice minutes, and data, Tech Times is reporting.
Visible is a virtual network operator: it offers service plans to customers, but uses Verizon's physical network infrastructure to provide the wireless service. This is similar to the way operators such as Straight Talk, Boost Mobile, MetroPCS, and Cricket Wireless work.
For now Visible's service is in a testing phase and is only open to customers who have an iPhone 6 or newer.
To sign up, users have to visit the company's website to request an invitation and then download the Visible app. They will then be mailed a SIM card which provides access to Verizon's 4G LTE network. Subscribers are only committed on a rolling monthly basis and can switch to another network at any time.
Although Verizon's network is capable of data speeds of up to 20 Mbps, Visible users will be restricted to 5 Mpbs, but with no further bandwidth throttling however much data they consume, according to the report.
The ownership of Visible is not clear, but many commentators believe that Verizon itself is behind the company and most of the company's senior executives are ex-Verizon employees.
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