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InPhonic

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InPhonic
Company typePublic (NASDAQ: INPC)
IndustryWireless
Founded1999
FounderDavid A. Steinberg
HeadquartersWashington, DC, USA
Area servedUSA
Key peopleDavid A. Steinberg, John Sculley, Jack Kemp, Ira Brind, Lawrence E. Harris, Blake Bath
ProductsCell phones and wireless plans
RevenueIncrease$320.5 million USD (2006)
Net incomeDecrease$38.2 million USD (2006)
Number of employees> 1,000
SubsidiariesWirefly.com
Websitewww.inphonic.com
File:Wireflylogo.gif
Wirefly's logo.

InPhonic Inc (NASDAQ: INPC) is an American company which sells wireless services and devices online, both through its electronic commerce site Wirefly and through private labeled websites it creates and manages for online retailers. InPhonic was founded by its previous CEO David Steinberg. Steinberg resigned in Oct 2007 due to mismanagement of debt and operations. On Thursday November 8, 2007, InPhonic filed for Chapter 11 Bankruptcy. The shares of this company fell to $.06 per share in late afternoon trading.

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