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Wirefly shutters site amid bankruptcy

Posted: , by Maxwell R.

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Wirefly shutters site amid bankruptcy
The discount on-line retailer and agent to the standard array of wireless carriers, Wirefly, abruptly shut down its site overnight as it, along with its parent company, Simplexity, have apparently filed Chapter 7 bankruptcy.

There is no official word about this development on Simplexity’s web-site, as the news section has not been updated since 2012. In light of that, along with the fact that Wirefly’s website is simply “not available,” we interpret such conditions to not being related to happy events.

Wirefly had a reputation for selling devices at really cheap prices. Like many wireless agents though, such added subsidies meant more fine print, so the value was in the details. Despite the other services the Simplexity offered as well as being an online agent with Wirefly, it looks like the model could not perform given the current market conditions.
Wirefly shutters site amid bankruptcy

Chapter 7 bankruptcy typically causes all business operations to stop immediately. Then creditors get in line to recoup whatever debts are owed through the sale of assets.

sources: Phandroid and DroidLife

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posted on 13 Mar 2014, 21:24

1. PapaSmurf (Posts: 10457; Member since: 14 May 2012)

I come back from my night classes and now I find out Wirefly is a thing in the past? Whatttt.....

posted on 14 Mar 2014, 01:41

5. TheMan (Posts: 493; Member since: 21 Sep 2012)

Ah, Wirefly! More like Wire fly-by-night! Given their consistently complaint rate with the BBB and restructuring I've never understood how they got contracts with Walmart, among others.

posted on 14 Mar 2014, 07:48

6. lsutigers (Posts: 821; Member since: 08 Mar 2009)

I never dealt with them but they did run the wireless online stores for a lot of large retailers...Walmart, Frys, Target and Radioshack as well, I believe.

posted on 13 Mar 2014, 21:36

2. downphoenix (Posts: 3165; Member since: 19 Jun 2010)

Doesn't surprise me honestly, their model just wasn't sustainable. That and online retail sales for mobile phones hasn't really taken off. I guess the average joe really wants to go into a store so they can see the phones in person.

posted on 13 Mar 2014, 22:38

3. PAPINYC (banned) (Posts: 2315; Member since: 30 Jul 2011)

Lol ...... maybe Sprint will buy them out (along with T-Mobile).


posted on 13 Mar 2014, 22:58

4. Sniggly (Posts: 7305; Member since: 05 Dec 2009)

Not surprised. The only way they could really make money was from scamming people with their super fine print. Once people caught on to it, it was only a matter of time, no matter how often this site used to advertise- I mean, report news articles on them.

posted on 14 Mar 2014, 08:20

7. silencer271 (Posts: 254; Member since: 05 Apr 2013)

Lets talk is next to go! Amazon kicking their asses left and right. Though if lets talk goes under walmart will most likely buy them.

posted on 14 Mar 2014, 10:51

8. jroc74 (Posts: 6019; Member since: 30 Dec 2010)

Wow....so many companies, businesses are disappearing or getting smaller.

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