ACN Inc., an essential services direct selling company, announced its agreement to purchase the assets of Kynect Ltd. Formerly known as Stream Energy, Kynect was founded in 2005 as an energy service provider in the direct selling space before adding wireless, home security and other essential services to its product portfolio.
Kynect announced the launch of Kynect Wireless, its nationwide wireless service offering. The recent merger between T-Mobile and Sprint provided an opportunity for the company to transition to this larger network and offer customers better coverage, speeds and features while rebranding its wireless offering.
Dallas-based Kynect announced the additions of Donna Valdes and Allen Spence to its executive team. The hires come as the company readies for continued national expansion. Valdes brings more than two decades of experience leading multimillion-dollar direct sales operations and will lead as Senior Vice President of Sales and Field Development. “I’m excited to join […]
Direct Selling News announced the first Customer Centric Recognition (CCR) Program recognized company list. The Customer Centric Recognition (CCR) Program celebrates companies that are leading the way toward a sustainable, customer-centric future for the industry. Qualifying companies utilize business models that boast high customer-to-distributor ratios and prioritize customer sales. The CCR Program is based solely […]
Standing up to Customer Expectations, Regulatory Scrutiny and Sustainability Goals History circles back on itself. The commonplace gets modified over time with newer methodologies, but transformation—even in the world of direct selling—meanders through trial and error and sometimes re-emerges closer to the beginning than we expected. Door-to-door sellers of the late 1800s introduced innovative, useful […]
Salesforce members from AdvoCare, Kynect and Thirty-One Gifts participated in a virtual Women’s Entrepreneurship Roundtable with United States Congressman Van Taylor (TX-03) and the Direct Selling Association (DSA) on Wednesday, April 29. The roundtable discussion focused on the current state of small business during the pandemic, getting women involved in entrepreneurship, and the importance of […]
Stream has completed the previously announced sale of its retail energy business to NRG Retail LLC. The closing of the transaction between Stream, a leading direct selling company and marketer of energy and wireless services, and NRG Retail, a subsidiary of NRG Energy, Inc. (NYSE: NRG), follows the receipt of all required regulatory approvals. Kynect will be the […]