We received word on March 12 directly from our contacts at Simplexity that they’re done for good. There was no warning or notice given, and our source tells us that employees found out at 10AM and had to pack up and leave immediately.
Simplexity, the owner of the Wirefly brand, has been running online contract-wireless-phone deals since 2007 (when it was created out of the Inphonic Ch. 11 bankruptcy).
Needless to say, if you read our website at Phonezip.com, you’ll notice how much we don’t like contracts. It seems lots of others agree, and it has killed the contract phone business for the top online dealer in Wirefly and Simplexity.
The venture capital group behind Simplexity is Versa Capital Management (versa.com).