The company ceased business January 16, 2014 and sold its wireless licenses to Sprint Corporation.

Through a joint venture with Leap Wireless, it also owned spectrum in Columbus, Indiana; New Castle, Pennsylvania; and Portland, Oregon.

Customers who downloaded the "Revol Perks" app received a one-time $10 discount on their billing statement.

[3] In November 2013, Revol announced that it had begun the process of selling its spectrum licenses to Sprint Corporation and that it intended to give its customers 30 days termination notice when the sale is complete.

[4] On December 16, 2013, Revol notified users via text messages and a notice on its website that it would be going out of business and service would be terminated as of January 16, 2014.