FreedomPop Expands Its Mobile Service

FreedomPop, the discount and free mobile phone provider, has been able to raise another $50 million dollars in funding. This will help them in offering a global hotspots service.

The new service will offer roaming fees that are in line with local rates, rather than the high cost traditional mobile phone carriers charge. FreedomPop hopes to cut into the market share companies like AT&T and Verizon dominate. This time the target is customers who travel and wish to maintain cell phone service.

FreedomPop will be able to charge lower fees because they cut deals with local companies in the 25 countries where service will be available. T-mobile is a company that offered its customers unlimited roaming, but the speeds offered are so slow that email and light web surfing is all that can be done. This will not be the case with FreedomPop’s new service.

The hotspot that will cover service in various countries will cost $49 dollars. A SIM card for unlocked phones will cost $10 dollars. There will be 200 megabytes of free data available each month.

FreedomPop is a mobile phone service provider based in Los Angeles CA. The company offers free data and service, but does charge for extras. The company was co-founded by Stephen Stokols in 2011. He previous position was CEO of Woo Media, a video chat and entertainment company.

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