Monday, May 06, 2002
TRACFONE WIRELESS TEAMS WITH BLACKSTONE
Blackstone (www.blackstoneonline.com), one of the nation’s leading electronic providers of prepaid telecommunications products, announced today that they have entered into an agreement with TracFone Wireless Inc., an affiliate of América Móvil (NYSE: AMX, NASDQ: AMOV – www.tracfone.com) to distribute prepaid wireless PINs via the Blackstone POS.
According to Mike Acton, Blackstone’s general manager, “This agreement will extend the availability of TracFone services to thousands of new locations across the country. Wireless industry analysts consider TracFone the largest nationwide provider of prepaid wireless communications and we are excited to give our POS merchants access to this new group of customers.”
The patented Blackstone POS integrates the processing of all major credit cards (MasterCard, Visa, American Express & Discover Card) and ATM/bank/EBT cards with the sale of prepaid cellular and calling cards into one, easy-to-use POS terminal.
About TracFone Wireless
TracFone Wireless is the only prepaid wireless service that offers complete coverage in every city in the United States. TracFone Wireless provides off-the-shelf, prepaid wireless service with no contracts, credit checks, monthly bills, activation fees, security deposits or minimum age requirements. TracFone Wireless, based in Miami, Florida, is available at the following retailers nationwide: Ames, Best Buy, CompUSA, Eckerd Drug, JCPenney, Kmart, Lowes, Staples, Wal-Mart, 7-Eleven, and Western Union.
TracFone Wireless sells the TracFone service, a pay-as-you-go wireless phone service, which incorporates a customer-friendly, cost-control feature that displays the exact remaining airtime balance on the phone. TracFone Wireless has licensing agreements to imbed its proprietary prepaid technology in Nokia and Motorola handsets. For more information on TracFone Wireless, visit www.tracfone.com.
Blackstone has rapidly become one of the country’s largest providers of prepaid telecommunications products and services with over 300,000 retail locations nationwide. Established and headquartered in Miami, Florida since 1995, Blackstone is privately owned, and managed by a team of executives experienced in payment processing, networking, information services, oil & gas and prepaid telecommunications. Today, Blackstone is successfully merging two industries, prepaid telecommunications and electronic transactions, into one terminal to the benefit of merchants across the United States. For more information on Blackstone’s products and services, call 1-800-639-9590 or visit www.blackstoneonline.com
Blackstone POS are trademarks of Blackstone Communications Co.; US and foreig