Cash App is launching a mobile phone service through an MVNO (mobile virtual network operator) that uses AT&T’s network. The service is priced at $40 per month for an unlimited 5G data plan, with taxes and fees included. Both outlets report that the plan is built for unlimited 5G data rather than limited data tiers.
The MVNO is powered by Gigs, a company that has also been involved in launching other mobile offerings. The Verge adds that Gigs previously supported a Klarna mobile service with similar pricing, which has been rolling out to limited users before expanding. According to the report, Cash App’s new phone service is expected to follow a comparable staged rollout process, first reaching select customers and later moving toward broader availability.
Overall, the announcement centers on Cash App expanding beyond its payments app into wireless service, using AT&T connectivity and a single straightforward monthly rate for unlimited 5G data.
