FreedomPop sets expansion plans for Europe and Pacific Rim, offering the same free monthly service
The same free monthly 500MB of data, 200 minutes of voice and 500 texts will be offered in the new countries, although the paid plan pricing of FreedomPop's service overseas, has not been set. CEO Stokols promises that this portion of FreedomPop's service will be competitive with local mobile operators. The company has received $16.8 million in funding for its European expansion from venture capitalists Mangrove and DCM Capital.
In Belgium, KPN subsidiary BASE will provide the network used by FreedomPop. Networks that will be employed in other countries, will soon be announced. But unlike its service in the states, where subscribers bring their own phone or purchase one from FreedomPop, the European expansion will offer SIM cards only. This allows the company to move quickly, and to expand to new markets without worrying about providing handsets for customers to purchase. Stokols says that Europe is not as device-centric as the U.S. is.
Another difference between U.S. and European service lies with amount of roaming done in Europe. Belgium, for example, is a small country. The CEO said that he would offer great roaming rates, and hopes to allow subscribers to use the free data, calls and texts that they are allotted each month, in other FreedomPop supported countries on the continent.