|FreedomPop Announces The First 100 Percent Free Mobile Service|
Posted: 05-Jun-2013 [Source: FreedomPop]
[FreedomPop is offering a 100 percent VoIP service with an extreme low-cost pricing plan.]
Los Angeles -- FreedomPop, today announced the first-ever completely free mobile service with free voice, free text and free data. FreedomPop's ground breaking service will give users a guaranteed 500 MBs of 4G data for free, unlimited texting, and 200 free anytime voice minutes each month. In addition, FreedomPop users will enjoy free unlimited calls to each other.
"This is not only disruptive, but game-changing," said Jonathan Chaplin from Newstreet, an investment firm focused on the telecom industry. "This move completely marginalizes the voice network by leveraging VoIP over cellular and is extremely threatening to already declining voice margins."
The FreedomPop service will be available on several popular Android phones later this summer and will be the first-ever all-data devices running 100 percent VoIP over cellular networks.
"The quality of over-the-top VoIP services is now at a stage where we can deliver the major mobile services completely free to consumers. FreedomPop is changing the mobile market for good with the sole intent of bringing better value to the consumer," said Stephen Stokols, FreedomPop's CEO and co-founder. "FreedomPop's mission is to ensure that everyone has access to affordable, convenient and essential communication services. With this launch, we've just taken a very big step towards delivering on this promise."
With gross margins of over 50 percent on its 'freemium' products and services, led by outstanding consumer demand and high growth rates, FreedomPop has demonstrated the commercial viability of its model of delivering 4G wireless to the mass market.
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