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Andrew Yang Launches Noble Mobile, a $50 MVNO That Pays Users for Using Less Data

The model resells network access to cut prices, with up to $20 a month back for lighter users.

Overview

  • Operating on T-Mobile’s network, the plan offers $50 per month for unlimited talk, text, and 5G data.
  • Customers who use under 20 GB receive refunds as “Noble Cash” at roughly $1 per unused GB, up to $20 monthly, with balances redeemable or cashable via an in‑app dashboard.
  • Noble Mobile raised $10.3 million in seed funding led by Corazon Capital, with participation from Scott Galloway, and Andrew Yang is serving as CEO.
  • The company says its pricing approach is inspired by Mark Cuban’s Cost Plus Drugs model of cutting markups and passing savings to consumers.
  • Early partnerships include Calm, GetYourGuide, and BackMarket, and reporting notes an option to earn 5.5% annually on held rewards.