Sprint MVNO FreedomPop might be acquired by a major carrier
Sprint MVNO FreedomPop, known for offering 500 MB of free data each month to mobile broadband devices initially, than phones and finally the tablets, might be acquired by a major carrier, according to source familiar with the matter, Fierce Wireless reports.
It doesn’t say in the article which major carrier that might be but it does say that negotiations apparently started when Sprint stopped pursuing merger with T-Mobile US. FreedomPop CEO Stephen Stokols confirmed to Fierce Wireless in an interview that indeed they are involved in talks on being acquired by a major carrier, but didn’t provide any additional information.
Since the launch, FreedomPop is operating on Sprint network so to have Sprint acquire it would be the most convenient choice. However, for some time now, FreedomPop is working on partnering with another US carrier that would make it possible to offer GSM-based service as well.
FreedomPop also announced its plans recently to expand its service to European markets. First they’ll start with Belgium and then expand to United Kingdom, Germany, France, Spain and the Pacific Rim. FreedomPop will be partnering with GSM-based companies in Europe in order to offer GSM service only and avoid selling handsets since SIM phones are easy to swap. Their free service plan with 500 MB of data, 200 voice minutes and 500 text messages will also be available in Europe.
FreedomPop also said that it expects to gain 1 million subscribers in the US only (not including those overseas) by the end of the next year. Also, the company is working on distributing its phones and tablets through retailers rather than just offering them online. Currently, FreedomPOP is selling its products at small electronics stores and by the end of this month, they will be offered in 500 small outlets in eight major markets as New York City, Dallas and Houston. Also, by the end of the year, in time for holidays, they will be offering their products through Staples and Fry’s Electronics.
Source: Fierce Wireless