FreedomPop is a company that was established in 2011. It strongly believes in the provision of mobile services free of charge. For FreedomPop, mobile services provision is a right and not a treat. Therefore, the company offers free services such as text, voice minutes, and data to millions of users in Europe and the United States.
The FCC fined Verizon Wireless approximately $1.4 million for the insertion of “supercookie” into the mobile traffic of its customers devoid of their consent. This fine was effected after the insertion was discontinued. The “supercookies” were added to the web traffic to help in identification of customers and delivery of Verizon’s ads as well as adverts from third parties. Verizon publicized its intention to help customer unsubscribe from the advertising program last year and proceeded to introduce a federal probe into the program.
This week started well for the T-Mobile US after it garnered a record $2 billion in funding to help it plan the forthcoming 600MHZ auction, which will take place toward the end of March. The T-Mobile US has been accruing finances aimed at financing its spectrum auction participation.
Expert analysts have predicted that T-Mobile US might spend close to $10 billion during the auction proceeding specifically on spectrum license. The CEO of the firm noted that the carrier must participate in the auction aggressively.
Stephen Stokols opinions on FreedomPop’s operation and growth
FreedomPop has garnered more than $10 million in VC financing that will be used for expanding its operation both locally and across the globe. Stephen Stokols, who is the Chief Executive Officer and Co-founder of FreedomPop, dismissed rumors of the firm being acquired by another entity.
Stephen believes the company’s business model prepares it to establish a strong niche in the competitive world of mobile service provision. The company is looking forward to exploiting new market opportunities. The original version of this article was posted on RCRwireless; http://www.rcrwireless.com/20160309/carriers/freedompop-rides-vc-funds-towards-expansion-tag2