FreedomPop Raises Big Money for Huge Global Network

FreedomPop keeps growing. The company also keeps raising money. The growth and the continued infusion of capital is thanks to the positive reception by consumers. People want an exceptional budget phone service. The niche of consumers for FreedomPop service is growing to include travelers. Anyone who may be moving throughout the globe is going to enjoy reading some good news. FreedomPop has raised $50 million to support inexpensive global roaming for world travelers. Re/Code has the whole interesting story.

FreedomPop’s current plan is to create a global hotspot that can be accessed in 25 countries. Travelers moving throughout these 25 countries can do so without any worries. The service is going to work smoothly and customers are able to use their phone, text, and data service without any problems.

Access to the hotspot costs a one-time fee of $49. The SIM card necessary to use a phone in these regions costs a mere $10. FreedomPop made its name by offering free monthly service. 200 megabytes of data is available totally for free with the global hotspot service deals.

Major companies do provide global network coverage, but those plans come with massively high monthly costs. FreedomPop presents a budget option for travelers, and this should open new opportunities for the company to make huge sales. One reason FreedomPop costs so little is the company doesn’t engage in costly advertising. So, it is up to users of the service to spread the good word. Free media reports help as well. So far, FreedomPop’s sales figures have been fine. The company is doing well in both the United States and in Europe. FreedomPop has over one million subscribers in the United States. The million-customer mark is a possibility in the U.K. in the near future.