Pocket Wireless will soon stop issuing new cell phone accounts in Connecticut.
The state Department of Public Utility Control says as of October 31, the company will cease all operations in the state.
Customers usually buy service a month at a time.
The company told Connecticut regulators that their billing system is being set up to ensure customers will not be billed beyond the end of October.
In a statement, the company said 100 retail employees were laid off today.
Forty-three of the company’s stores have already been closed. The ten remaining locations will shut down at the end of the month.
The company serves Connecticut and Western Massachusetts. Another part of the company based in Texas was previously sold.
A company statement said “Citing the severe effects of the prolonged economic recession, an expensive market in which to build infrastructure and increased competition from national providers of similar flat rate wireless services, Pocket was unable to maintain enough market share to continue operating in the Greater Hartford, Springfield and New Haven markets.”