Freedompop and Stephen Stokols on Providing Affordable Data Plans

FreedomPop is a Los Angeles-based firm that offers mobile phone and wireless internet services. It offers free mobile services like data bundles, voice, and texts. It also sells tablets and cell phones including broadband gadgets for various devices. Stephen Stokols, the chief executive officer, founded FreedomPop in collaboration with Steven Sesar, his business partner. FreedomPop has collaborated with Intel, Atomico, Mangrove Capital, Axiata, and Partech Ventures. During its operation, FreedomPop raised over $109 million in the finance department and $50 million in 2016. Currently, FreedomPop uses Sprint’s network available only in the United States. In 2015, FreedomPop announced its expansion strategies to the United Kingdom through Three’s network. The company launched a global SIM accompanied by free mobile date in over 25 countries.

In December 2011, FreedomPop collaborated with Lightsquared, but the partnership did not last. The collaboration failed because LightSquared failed to receive Federal Communications Commission, which approves the establishment of an independent network. In October 2012, FreedomPop started selling 4G hotspots and providing wireless internet and mobile phones through Clearwire’s 4G network in the United States. In December 2012, FreedomPop transformed 20% of its free subscriber platform to paid users. It collaborated with Sprint’s network to spread its coverage by including 4G and 3G Sprint services.

FreedomPop offers services for ‘light users’ but it has paid options including unlimited talk and text. In May, FreedomPop lowered the cost for Unlimited Everything plan from 4G LTE to 3G in a billing cycle. According to TIME news reports by Jared Newman, FreedomPop waived an active status fee for subscribers in July 2013. In 2015, FreedomPop received the Economist award for its Wi-Fi first innovation. The award acknowledged FreedomPop’s initiative to develop a free platform for calls and texts through Wi-Fi connections.

According to Engadget report, FreedomPop’s SIM-only package has a high signal potential and minimal quality issues; hence recommended for light users. As observed from the report, the service is lucrative to primary carriers. FreedomPop offers clients the chance to swap high mobile phone budgets with their affordable plans. The Los Angeles-based firm has attracted many mobile users since its launch in 2012 and continues to offer free data and mobile services to clients. Learn more from this FreedomPop review