Issa Asad, the founder and CEO of Dania Beach-based Q Link Wireless, which employs 400, announced his plans to acquire Boost Mobile for as much as $3 billion.
The forced sale of Boost is one of the requirements the FCC has suggested in order for a $26 billion merger between Sprint and T-Mobile to go forward.
Mr. Asad’s Q Link Wireless already has more than 2 million customers through the federally-subsidized Lifeline program which provides data and voice service to low-income Americans. The addition of Boost Mobile could add as many as 8 million customers and likely bring hundreds of new jobs to the Miami/Ft. Lauderdale area.
Issa Asad is founder and CEO of Q Link Wireless. The company supplies low-income individuals and families living in America with a free cell phone and free monthly service that includes free calling, free monthly data, and unlimited text messaging through the government-run Lifeline assistance program. The program was designed for Americans who might not otherwise have access to vital communication services, including the ability to make 9-1-1 calls.
Asad has led Q Link Wireless from its founding. Today, Q Link is the third-largest Lifeline carrier in the country with more than 2 million customers. It is an “Inc. 5000” company. Issa focuses his attention on the prepaid, technology, and telecommunications industries and has spent time in various companies to increase sales and develop his innovative products and services. He has received numerous accolades from various industry publications, including Intelecard News and the Prepaid Press. He is a regular contributor to ISE Magazine, a leading publication in the Information and Communications Technology (ICT) market.
Issa continues to transform the telecom industry with novel customer acquisition strategies and unique approaches to grow customer affinity and loyalty.