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Saturday, April 7, 2012

Free Wireless Broadband for the Masses

The free market at work providing free broadband for the masses by linking low cost prepaid cellphones with data plans.
FreedomPop will also sell prepaid wireless data plans that Miller says will be priced "significantly lower" than existing prepaid and contract plans on the market. Prices vary, but AT&T charges $50 per month for a two-year contract that gives users five gigabytes of data for use with a USB modem or mobile hotspot, while smart phone plans include a three-gigabyte option that costs $30 per month. On the prepaid side, the company's GoPhone service offers 500 megabytes of phone data for $25. Miller says FreedomPop expects most of its revenue will actually come from services it will offer on top of the Internet access....Brian Rich, a partner at venture capital firm Catalyst Investors, which has invested in Clearwire, says FreedomPop is a clever idea, as it's taking advantage of the capacity offered by Clearwire's network, which is less constrained that the networks of AT&T and Verizon Wireless.
Read the rest here
Technology Review 

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