RCR Wireless is saying that FreedomPop has raised more money to send their networks to other parts of the world, and that is something that will bring people more options for wireless service in places like Europe and Africa. Europe and Africa together are two really large markets, and FreedomPop can still be a profitable company when it is marketing only cheap or free plans.
The networks that are moved over to Europe and Africa have to be paid for with the help of investors who are spending their money with FreedomPop specifically for expansion. The expansion will take all the plans that are offered in North America across the ocean, and those plans will help people who cannot afford to get service otherwise.
The plans offered start with free plans that will help disadvantaged people get the cell service they need, but the plans expand to paid plans that offer one or two gigabytes or data.
FreedomPop is trying to be as accessible as possible, and they are raising as much money as they can to make their company more accessible to the public. There are villages in Africa that will explode with a new and thriving community when they can get online, and there are small areas of Europe that can finally expand because they have been given a chance to get online through their phones.
The services that are offered are really easy for people to use, and the company is funding the expansion more than normal so that costs are not passed on to people who are using their phones.