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UltraMobile is expected to launch an Mobile virtual network operating company, riding on T-Mobile USA’s network, reports Fierce Wireless. UltraMobile promises to offer prepaid unlimited talk and text and 1 GB of high-speed data for just $49 per month.

The company will sell SIM cards to customers who bring their own phones to the service. UltraMobile reportedly plans to launch its offering sometime next month.

According to the UltraMobile website, the company’s plans range from $29 per month for unlimited talk and text to $49 for unlimited talking and texting and 1 GB of data at “4G speeds.”

MVNOs lease spectrum and infrastructure from other carriers. MVNOs in the United States include TracFone, Ting, Virgin Mobile, NET10, Solavei and others.

T-Mobile recently announced their T-Mobile Concord, their most affordable Android smartphone, with no annual contract (prepaid).

The $99 T-Mobile Concord (tech specs), manufactured by ZTE, is powered by Android 2.3 and features a 3.5-inch capacitive touchscreen display with a 2-megapixel camera – with no contract requirements.

Virgin Mobile USA today announced that the Samsung Galaxy Reverb may now be preordered for $249.99. The Galaxy Reverb runs Android 4.0, has a 4-inch touch display, and a 5-megapixel camera. Virgin expects the Reverb will ship on or about September 19. Virgin Mobile plans do not require a contract.

Related articles on Dailywireless include; RadioShack No-Contract Wireless, T-Mobile: No Contract $99 Android Phone, Shared Data Plans Compared, AT&T to Charge Extra for FaceTime, AT&T Wants 2.3 GHz for LTE, Sprint Launches LTE, “Free” Public WiFi with WiMAX Backhaul, Great Deals on Prepaid Wireless Broadband, FreedomPop: Now 500MB free/month

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