Freedom Pop’s Mobile Wi-Fi Plans and Overseas Prospects
Mobile Wi-Fi plans allow service subscribers to use their internet connected phone while on the move at highly affordable rates. One of the major players in the US mobile wifi market is The Los Angeles based FreedomPop. The company currently provides wireless data, text and voice service for Sprint and Clearwire mobile service carriers. According to Ingrid Lunden, a columnist at TechCrunch, FreedomPop is working hard to sway a good number of people to move away from the traditional mobile carriers by providing a mobile phone service that is free with basic cellular voice and data plans. On January 20th, the company officially launched its low cost Wi-Fi service. The service initially targets to have users sign on to 10 million hotspot throughout the US, for a fee of $5. Some of the company’s participating in the FreedomPop Wi-Fi Hotspot partnership includes Starbucks, Best Buy, MacDonald and Burger King.
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Atomico Ventures is headed by Skype founder, Niklas Zennstrom, while Mangrove is one of the first investors in Skype. The CEO and Co-founder of FreedomPop, Stephen Stokols confirms that the initial 10 million hotspots coverage will bring into play 120 million people, majority of who reside in the Top 100 metropolitan locations in the US. Even as the company expects to increase the number of hotspot around the country, it is also targeting people with phones but no connectivity who are estimated to posses about 200 million phones in the US alone. FreedomPop will take advantage of its MVNO deal with Sprint to connect these people to a cost effective service. In line with it growth strategies, on May 12, TechCrunch reported that FreedomPop made its first entry outside the US