Regional flat-rate CDMA operator Revol Wireless announced it is going out of business. The carrier said it has stopped taking payments and will no longer provide service starting Jan. 16.
Regional wireless carrier Revol Wireless is selling 12 PCS spectrum licenses in the Ohio area to Sprint. The transaction appears to be part of a wider effort by Revol to shore up its struggling business.
Regional, flat-rate CDMA operator Revol Wireless reached an agreement late last month with bondholders that the company said will prevent a possible bankruptcy. Scott Bergs, Revol's chief operating