RadioShack to launch 'no contract wireless' on Sept. 5, report says
An internal memo has reportedly leaked, indicating the company will be offering no-contract wireless service through Cricket.
RadioShack may be doubling down on the wireless game.
An alleged internal memo has started floating around the Web indicating that RadioShack will launch a No Contract Wireless service on September 5. According to Engadget, which obtained the alleged memo and posted an image of it, the service will be powered by Cricket, a wireless provider offering no-contract service.
Cricket offers similar no-contract service at other retailers. According to the leaked memo, RadioShack's service will be differentiated by the company offering "an exclusive 8GB SD memory card with all Muve Music phones."
RadioShack currently sells smartphones in its stores. Last summer, the company announced that it would no longer support T-Mobile USA devices and plans, but would offer Verizon Wireless services in its store. It's not clear how that arrangement, along with those it has with other carriers, will be affected by its self-branded offering.
RadioShack has faced some tough quarters lately, losing $29 million since the beginning of the year. The company's revenue, however, has stayed steady. In the second quarter, for example, RadioShack generated $953.2 million in revenue, up from $941.9 million during the same period last year.
CNET has contacted both RadioShack and Cricket for comment. We will update this story when we have more information.