FreedomPop

FreedomPop

Free or very low-cost mobile broadband and value-added services. Learn more
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DateInvestorsAmountRound
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N/A

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$7.5m

Series A

$4.3m

Series A

$5.0m

Series A
N/A

$2.5m

Early VC

$30.0m

Series B

$10.0m

Series B

N/A

Late VC

$50.0m

Series C
Total FundingCAD149m

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FreedomPop is a telecommunications company that provides affordable mobile phone plans with a focus on flexibility and cost savings. It serves a diverse range of clients, including seniors and budget-conscious consumers, by offering plans that start as low as $10 per month and include unlimited talk and text with nationwide 5G coverage. The company operates in the competitive mobile telecommunications market, leveraging a business model that includes both paid and free service plans. FreedomPop makes money through its tiered service offerings, device sales, and rental purchase agreements. The company differentiates itself by eliminating contracts, offering low-cost plans, and providing a completely free plan option for basic users. This approach appeals to customers looking to avoid high-priced bills and long-term commitments typically associated with major carriers.

Keywords: telecommunications, mobile plans, 5G coverage, affordable, no contract, seniors, budget-friendly, free plan, device sales, rental agreements.

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