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As far as I can tell, the answer is yes. Here is a link to more information from the Best MVNO website:
echance20 wrote: Teltik is apparently putting holds on new activations. is Venn and Teltik related?
mmfacemm wrote: Yes teltik suspended activations too.
Looks like they are done for.
I predict Hello mobile will be the next to die.
mmfacemm wrote: Haha yes sorry I just think their pricing looks too good to be true. They are either doing something sketchy, not taking enough to survive long term or will jack up the prices later. Just a random prediction. The ones that seem too good to be true usually are.
They are offering $25 unlimited (even lowr for family plans). That simply is not sustainable for anyone other than a major carrier subsidising it for one reason or another or someone reselling group lines.
PEW wrote: Well, which others discussed on this forum, do you feel are unsustainable? The rep from Ting defends their rates and I guess would be sustainable.