FreedomPop to Sell Smart Phones at Discount
FreedomPop is moving into the phone distributing field with their latest announcement of reduced priced smart phones. The freemium MVNO announced that they will be selling discounted, refurbished phones until November 27th in order to bring in new subscribers to their company. Along with these discounted phones new subscribers will receive one free month of premium FreedomPop, as reported by RCR Wireless.
The two phones that FreedomPop will be selling for the Holiday season will be the Samsung Galaxy S4 and the Motorola E smartphone. The Galaxy S4 will be sold for just $100, a discount of over $350 from its sticker price. The Motorola E will be priced most competitively as it will be sold for just $40, a discount of almost $200 overall. These discounted phones are refurbs in pristine condition though they do not promise to be the latest models available. They’ll run on the premium FreedomPop plan for the first month (unlimited talk, text, and one gig of data) before reverting back to the standard plan that FreedomPop offers.
The decision to move into discounted phone sales makes complete sense for one of the nations most affordable mobile carriers available. We’ve seen FreedomPop continually push to expand their market outreach and this will definitely appeal to Holiday shoppers that are looking to get tuned into something affordable without sacrificing what they are used to. We’ve also seen FreedomPop move their company as a whole toward distributing hardware as the company announced a partnership with Intel.
Intel Capital paid an undisclosed amount to get in on the funding of FreedomPop and now the company is working on a WiFi priority smart phone. This smart phone will defer to WiFi at all times, only using mobile data as a last resort. The phone will be released through FreedomPop at some point in 2016 and it remains to be seen exactly what the specs and price point will be listed at. Knowing that FreedomPop is focused on saving money for the consumer we anticipate that it will be quite a bit cheaper than much of the competition.
FreedomPop has also begun a serious outward expansion toward other large marketplaces. A partnership with Axiata Group will have FreedomPop released in Asian markets at some point in 2016 all while they continue to grow over in the U.K. CEO Stephen Stokols has repeatedly shrugged off M&A rumors and appears well positioned to grow the company himself.