MWC 2016 LIVE: Freemium MVNO model a success, claims FreedomPop head

MVNO MWC 2016The UK launch of its free MVNO service was a success, said FreedomPop president Nicholas Constantinopoulos.

“It has been a showcase for the company and demonstrates we can break into markets other than the US. We’re in talks with other operators in Latin America, Asia and Africa to do the same.”

He confirmed that the company was financially comfortable, having now raised $85 million, which would enable it to expand into other markets around the world.

This UK launch – its first outside of the US – required no capital expenditure with all operations and IT systems being hosted on FreedomPop’s systems in Los Angeles.

“There is no staff in the UK,” said Constantinopoulos in the Reinvention of the MVNO conference session. “New customers do everything online. We have nothing like top-up or scratch cards.”

The company claims that only a third of its customers, said now to have climbed to over one million worldwide, pay nothing for the service. The remainder are buying extra bundles or service add-ons over and above the free service, paying an average of more than $15 per month.

On a more general note, Constantinopoulos warned that MVNOs attempting to compete in markets using price was a route to failure. “I suggest that an MVNO should look to specialise and innovate, perhaps focusing on the IoT or M2M sectors.”

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

the sting Milestone

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

Flying high: how India could lead the world in drones

Ebola emergency chief decries new attacks on frontline staff, after DR Congo worker death

Solidarity Corps: more opportunities for young people

The world invested almost $2 trillion in energy last year. These 3 charts show where it went

How innovation from within is transforming International Organizations as well as lives

Tuesday’s Daily Brief: #GlobalGoals progress, essential meds, updates from Cox’s Bazar, Sudan and DR Congo

A Year in China

G20 LIVE: “International communities and leaders have great expectations for 2016 G20 summit in Hangzhou China”, Mr Wang Xiaolong, the Chinese Foreign Ministry’s special envoy stresses live from G20 in Antalya Turkey

The EU stops being soft with 10 Downing Street about Brexit

‘Continuing absence’ of political solution to Israel-Palestine conflict ‘undermines and compounds’ UN efforts to end wholesale crisis

The Eurogroup has set Cyprus on fire

An expert in the South China Sea issue on an exclusive interview at the European Sting

This is why obesity is classified as a type of malnutrition

These are the OECD’s most productive economies

UN conference agrees better ways for Global South countries to work together on sustainable development

So, what is your favourite Sustainable Development Goal?

UN Envoy ‘confident’ deal can be reached to avert further violence around key Yemeni port city

Ocean life faces ‘onslaught of threats’ from human activity, but tools exist to save it

EU invests in green projects and bans single-use plastics while climate change requires more to be done

Vile act of torture prohibited ‘under all circumstances’, UN chief affirms on International Day to support victims

International community makes important progress on the tax challenges of digitalisation

Universities need strategic leadership. Here’s what it looks like

Trump aims trade offensive solely to China, renews truce with EU

5 things to know about the Western Balkans

G20 LIVE: The European Sting covers online world news and the latest developments at G20 from Antalya Turkey

‘Disaster resilient’ farming reduces agriculture risks, yields economic gains, says new UN agriculture agency report

Ozone on track to heal completely in our lifetime, UN environment agency declares on World Day.

Refugee crisis update: Commission is struggling alone with little help from EU or G7 leaders

How can batteries become more sustainable? This young scientist might have the answer

The EU Parliament blasts the Council about the tax dealings of the wealthy

AI can be a game-changer for the world’s forests. Here’s how

Amsterdam is getting a 3D-printed bridge

These are the cities where people work the longest hours

Consumers to be better protected against misleading and unfair practices

Security Council condemns ‘heinous and cowardly’ attack in Iran

South Sudanese refugees need $2.7 billion, as safe return remains elusive

Turkey’s foreign bribery enforcement framework needs to be urgently strengthened and corporate liability legislation reformed

Brexit Update: EU endorses unprecedented compromise to help Cameron out of the referendum mess he got himself into

Security Council: UN welcomes efforts to de-escalate crisis in northeast Syria

Aid stepped up to Syria camp; new arrivals say terrorists blocked their escape

3 ways we are making an impact on plastic pollution

MEPs approve EU’s spending in 2017

Greece: Tsipras’ referendum victory does not solve the financial stalemate of the country and its banks

China has made a shocking food production discovery – electro culture

The 10 most common types of plastic choking Europe’s rivers

Aid used for trade is helping developing countries diversify

World Migratory Bird Day highlights deadly risks of plastic pollution

Climate Change: a challenge yet to be tackled in medical schools

WEF Davos 2016 LIVE: “It is the implementation, Stupid!”, German Finance Minister Wolfgang Schaueble points the finger to Greece from Davos

Ecofin: ‘The Friday battle’ for the banking union

Mali just took a huge step towards universal healthcare

Yemen: Tackling the world’s largest humanitarian crisis

Deutsche Bank slammed by the US-based trio of IMF, Fed and Moody’s

Eurozone cannot endure any longer youth marginalisation

We must learn and change after Haiti sexual abuse scandal -Oxfam chief

Europe votes against GMOs but the Council votes for TTIP

These are the world’s healthiest nations

The Brexit factor in the US-China trade war and other conflicts

Why CEOs need to become activists in sustainability

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s