APC buys bankrupt MVNO Movida

Latino-focused and recently bankrupt MVNO Movida has been acquired by Cozac, a subsidiary of APC Wireless, which acquired Liberty Wireless earlier this year. APC plans to keep Movida's pricing plans and subscriber contracts the same for Movida users, but aims to improve the user experience. APC's stated specialty is facilitating the relationship between wireless producers and merchants.

For more on the acquisition:
- read this APC buys Movida release