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This is a carrier than sells HTC devices, offers unlimited data, unlimited calling, and no contracts. Sounds a little too good to be true doesn’t it? Well, time will tell. This company is what the mobility world calls a MVNO (mobile virtual network operator) and that means they will basically use the AT&T network and operate as a reseller. It’s a little more in depth than that, but you get the picture.

Engadget doesn’t seem too enthusiastic about this offering… Sounds like the WInMo thing has them turned off a tad…

What’s the catch? The company will rely on a VOIP application for routing of all calls, and right now that app only works on Windows Mobile. That’ll be a roadblock for many, and given AT&T’s somewhat limited (and generally flaky) 3G data coverage we’re a little concerned about call quality, but just the same can’t wait to see how this one turns out.

Learn more about Zer01 here. Did I mention that the are selling HTC phones?