So much for the rumors of VeriSign getting out of the mobile business, today the company announced an acquisition of m-Cube for $250 million. According to reports, Motricity was competing with VeriSign over the purchase.
m-Cube facilitates mobile billing for companies through premium SMS. It racked up $84 million in revenue last year and has companies like CBS, Major League Baseball and Virgin Mobile as customers.
this company prey on the cell phone clientel, like myself, who try and buy a ringtone from their handset, and then end up with an unwanted subcription, annoying sms's from total strangers, and cell phone companies who will not take any responsibility. As a comsumer, I feel completley helpless, and a bit angry, too.
I see a class action suit in the future of M-Cube.
i was definitely billed $52.00 for this, and i don't even know what it is. it's more than a little frustrating.
To those who have recently posted comments: go to www.m-qube.com and click on customer support. That will take you to a screen where you can request to stop service/billing on your cell phone bill. The Verizon people keep telling me "m-cube" and it is really "m-qube". I hope this works as I am sick and tired on being billed for this over the last few months. I live in NY and am considering contacting the Attorney General's office claiming fraud!
I was billed 4 times on my verizon bill $9.99 apr. may june and july before I called verizon to block all other billing from m-cube. I verizon employee looked up whom the billing party was. I receive on e message during these months from supposedly this group which them I replyed to STOP but billing continued. I want to make sure I can get a hold of the right grpou to REfund me for there poor business practice and theft.