Solavei, scheduled to launch in September 2012, is a multilevel marketing company offering a social media platform and mobile application that provides contract-free mobile service and pays consumers for adding new members.
The Solavei Mobile Service is a mobile virtual network operation (MVNO) that utilizes T-Mobileís nationwide 4G network. Consumers can sign up for an unlimited voice, text and data plan for $49.00 per month and can earn income by introducing the service to others through Solaveiís social media platform and mobile application.
To sign up with Solavei, consumers can either use their own Solavei-compatible phone or purchase one of Solaveiís phones, which start at $159.00. Monthly mobile service is $49.00. The Solavei app (available for Android phones) covers everything Solavei members need to enroll friends and family, check on how much they have earned, and connect with their personal network.
Solavei members earn $20.00 per month on every three mobile-service members (called a Trio) that they or someone in their network introduce to Solavei. When members have more than three Trios in their network, the income generated is greater than their monthly mobile service plan cost of $49.00, making it essentially free. Members earn a Fast Action Bonus for Trios they directly enroll in their first 60 days. Solavei members earn increased monthly pay as their network grows and they advance in rank.
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Solavei Shutting Down as of December 4
In a webcast that aired Thursday, Solavei CEO Ryan Wuerch announced that the company will shut down on December 4. Wuerch explained that Solavei was not able to "reach terms with our current mobile service provider to continue providing quality, cost-effective service to our members," and that the "competitive landscape of the mobile service industry" forced Solavei to make a series of changes th...
Solavei Completes Merger
SEATTLE, Aug. 3, 2015 -- Solavei, the industry-leading social commerce network that provides mobile service to its members, announced today that it has completed its merger with ASPIDER, a Netherlands-based company that provides core mobile infrastructure and services to more than 70 mobile service providers and over 100 million subscribers across the globe.
Solavei will remain a stand-alon...
Solavei Announces Merger with ASPIDER
Social commerce network and mobile service provider Solavei filed its plan of reorganization and announced it will merge with industry leader ASPIDER, a Netherlands-based company that has provided core mobile infrastructure and services to over 100 mobile service providers and millions of subscribers throughout the world. Terms of the deal remain confidential.
With over 400,000 people that ...
Solavei Files Plan of Reorganization and Announces Merger
SEATTLE - (March 09, 2015) - Social commerce network and mobile service provider Solavei filed its plan of reorganization today and announced it will merge with industry leader ASPIDER, a Netherlands-based company that has provided core mobile infrastructure and services to over 100 mobile service providers and millions of subscribers throughout the world. Terms of the deal remain confidential.
Solavei: Court Approves Injunction Against Stream in Trade Secrets Lawsuit
DALLAS, Jan. 23, 2015 -- A Dallas District Court judge today blocked Stream Energy from using proprietary technology and information to launch a new mobile phone service after social commerce leader Solavei sued Stream for stealing trade secrets gathered during extensive merger talks.
Seattle-based Solavei sought the injunction to halt Stream and its marketing arm, Ignite, from using trade ...
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