FreedomPop is an international mobile carrier that was recently founded on the basis of offering customers free services around the world. With this innovative idea, investors have flocked to FreedomPop to continue to international expansion. In recent news, RCR Wireless News had a sit down interview with founder, Stephen Stokols for the purpose of obtaining some insight on the company’s operation and recent expansion.
Stephen Stokols provides insightful information on not only his business model, but also the secret behind his global expansion. Mr. Stokols states that his company received so much attention due to the new business model of offering free products. The company has attracted millions of users within the most recent users on the premise that for just a small fee, customers could have an allotted amount of minutes, texts, as well as data. In addition to customers, FreedomPop also received multiple investors that enables the company to avoid being bought out by Sprint. This new solo venture has been exciting for Mr. Stokols and his company.
In addition to FreedomPop, RCR Wireless News also discusses some of FreedomPop’s top competitors to give insight of their current status. Some of FreedomPop’s top competitors include Verizon Wireless which has recently been fined $1.4 million for internet trafficking without the users’ consent or knowledge. This was done for the purpose of identifying customers in order to generate targeted ads from Verizon.
In addition to Verizon Wireless, mobile carriers such as T-Mobile have proven to be a competitor to FreedomPop. With that said, RootMetrics has released a market-by-market overall comparison of cellular network performance. Of all the cities tested, Atlanta topped the list and was closely followed by Indianapolis, Sacramento, and Rockford. The five worst performers within the United States were reported to be Hudson Valley, Omaha, Lancaster, Santa Rosa, and Denver.