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XE Mobile, the new MVNO for college kids

Bringing the number of MVNOs to an even million, the new XE Mobile service hopes to woo college types with confiscatory pay-as-you-go rates, hip phones and... clothing discounts? XE is based on the Cingular network, and will be offering up such barnburners as the Motorola RAZR and Nokia 3220 for their customers. We can't help but think most of this current MVNO madness will end in tears, but until then it looks like there will be no shortage of two year old phones and 20 cents per minute calling plans.

[Via MobileTracker]