FreedomPop has already shattered plenty of records within the mobile industry by offering free services to customers without a contract or catch, however, now they aim to tackle another high rate area: roaming data plans. The company has raised an additional $50 million in funding according to an article published by Re/code and plan to use the funds to help establish global hotspots that will slash the costs of using data while traveling for customers.
CEO Stephen Stokols explained that the company has made great local deals in all 25 countries that it currently operates service within, and in the next few months expects that more countries will get added to the list. FreedomPop has been aggressive with their global expansion so it is reasonable to think that the number on the global hotspot list will continue to grow. The result of these efforts is that traveling users will be able to enjoy almost local data rates instead of the extremely high roaming fees that most traditional carriers usually offer.
T-Mobile is the only major mobile provider that offers its customers free roaming, but they slow down their speeds making it practically useless to use while roaming. Other carriers such as AT&T and Verizon offer such high roaming rates that it is a luxury to use data and most choose not to.
FreedomPop is tackling the issue by creating a hotspot for customers that can be used in all of the current participating countries. The hotspot itself will cost $49 and then a SIM card that makes it work in unlocked phones will cost customers another $10. If they need more data they have the option to add it on similar to FreedomPop’s regular offerings of just $10 for 500mb. For more information check out the original article published here.
FreedomPop calls themselves a new kind of telecom business. Since 2011, FreedomPop has been in the business of providing free and low-cost cellular phone service. In 2012, they introduced their free broadband internet service. This move was a mighty shock to Time Warner, AT&T, Comcast, and Verizon. Steven Stokols, FreedomPop’s CEO, characterized the major broadband providers as pillaging their customers. For heavier data users, plans are 80% cheaper at FreedomPop than DSL or broadband.
The company’s stated mission is to provide fast and free mobile service to all Americans. Their customers have responded by telling all their friends. As a start-up, the company still relies on word of mouth advertising, customer to customer, according to Re/code.net. This has worked well for them,.
Recently, they raised $50 million in funding. Some of this money will be used for an improved customer service platform. Much of their initial funding was provided by Skype’s Atomico, Mangrove Capital, and DCM. The company intends to offer free mobile services the same way Spotify does free music and Skype offers free voice.
Now, as a new service, they will be selling hotspots for travelers for $50 a month. The hotspot enables internet access any place where service is difficult to obtain. The established internet companies charge high rates for roaming, so this will be a major boon for travelers.
AT&T and Verizon are well-known cell phone companies that have great service, but who know they had prices that were over $100 or more for unlimited plans? Post Bulletin featured an article about these companies bringing back unlimited plans, which they stopped doing years ago because they didn’t want to lose money. Unless a person has a plan that includes cable television or satellite TV, they couldn’t get an unlimited plan with Verizon or AT&T, and even still, the price is pretty high. Many love to use the Internet on their phone, so switching to FreedomPop may be the best choice.
It may seem difficult or too expensive to get a teenager cell phone, especially if there’s more than one teen in the household. With companies like FreedomPop, it’s possible to get each person in the household a cell phone, especially teenagers who may talk on the phone more than the average person. With FreedomPop, there is no worry about how long a teenager talks on the phone if the unlimited plan is purchased, which is only $20 monthly. With such a low-cost for the unlimited plan, there’s no worry about how long a teen stays on the phone or them going over any limits because it’s all unlimited.
Even adults may take their time on a cell phone and talk for many hours, so it’s a good idea to get everyone in the home the unlimited plan for only $20 a month. Even if every person in the household gets an unlimited plan, five people will only pay $100, which is what a single person may pay for a single cell phone plan with any other service provider. FreedomPop can easily save anyone money, especially a family with several people, so why not choose FreedomPop over any other service provider?
For those who are interested, FreedomPop also offers Internet service for the home or office as well as unlimited Wi-Fi service for a low-cost of only five dollars per month. Those who start off with the FreedomPop cell phone plan may be so satisfied that they choose to look into the other plans that FreedomPop has available, which is completely understandable.