Mobile Virtual Network Operator FreedomPop is coming on the mobile scene and shaking things up. Armed with a revolutionary new kind of business model that is sure to make things interesting for other mobile providers, they are unleashing free mobile, text, and data services to customers. This new way of doing business is sure to make customers happy while creating a new standard for the way mobile companies will do business in the future.
FreedomPop is already being overwhelmed with sign-ups for the new service, and are expecting this to be only the beginning for the company on reviews.com. It may seem like a gimmick, but the mobile service provider plans on creating revenue by offering paid service plans that work as add-ons for the completely free basic service. The company doesn’t even plan on seeing any money from at least half of their customers, but that doesn’t seem to be bothering the revolutionary service provider.
With the current standard business model for service providers being a monthly fee, FreedomPop is creating a floor that cannot be taken out from under since free is as low as prices can go. Other businesses in the field will now have to rethink how they will continue doing business with a company like this on the scene. The company has not even started distribution, and already has around 2,800 online partners who agree that FreedomPop is a serious threat to the traditional mobile way of doing business. Groupon is one of the major online businesses that have partnered up to make money off the freeway of doing mobile.
FreedomPop doesn’t plan or even want to be in the same picture as other SIM MVNOs, but does plan on eventually making it out into the offline world. Until that time the company is fine with its online marketing. There are currently no competitors that can offer what FreedomPop does at the prices they offer but expect that to change in the future. For now, they are most concerned with revolutionizing the market and not being overwhelmed by the large response that is coming to the new company.