The New Venture of FreedomPop

FreedomPop, a mobile carrier with only 4 years of growth experience. This new company, though having been around for only 4 years, has expanded to the international level. This LA-based company has expanded so much due to the new and innovative product that is being offered.

FreedomPop is a mobile carrier that is now offering customers a free plan that includes over 200 minutes of voice calls, 200 free texts as well as over 500 MB of data. All these available amenities are 100 percent free. The mobile-carrier has increased in popularity not from the commercials or from the connections, but from the fact that this company does not make money from the customers buying the plan. Money is made, instead, by wither purchasing more data or minutes, or by purchasing the top quality provided services.

Recently, the CEO has announced that the company has recently closed a $30 million funding round after many offers have been made. Within the first 4 years of being a startup company, FreedomPop has been funded by many big time investors including the founder of Skype. This company, within the last 4 years, has grown rapidly. The new goal of this company is to hit 1 million subscribers by the end of the first quarter.

What makes this company so special is the fact that it does not rely on a wireless infrastructure. Instead, this company is a mobile virtual network operator that has raised almost $50 million in the last year. FreedomPop is a growing international company that offers free minutes and data that can be rolled over each month. The basic free package is offered to everyone that is interested in the product which sets this company apart from all the other mobile carriers. To subscribe to the FreedomPop mobile carrier is to subscribe to an inexpensive and helpful company.

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