The Telegraph technology, media and telecomm Editor Christopher Williams posted an article in the September 23rd issue notifying readers that U.S. mobile operator FreedomPop had ventured across the Atlantic Ocean to take on UK budget providers like Tesco Mobile and TalkTalk in a challenge to the lucrative mobile market.
FreedomPop is offering, after a one-time set-up fee of £7, a free basic monthly service that provides 200 minutes of calls, 200 texts and 200MB of data. Because making a profit is a necessity of business on androidcentral.com, FreedomPop is counting on their customers purchasing additional air time and media packages once they have used up their free allowance each month. The cost of these added packages is estimated to be between £4.99 and £16.99 per month.
As a bonus to earn additional free allowances each month, subscribers can participate in taking third-party surveys.
FreedomPop is essentially a Mobile Virtual Network Operator (MNVO). They will not own any infrastructure like mobile masts but instead will buy capacity on the Three network to give away or sell to their customers.
In order to reach a positive cash flow position, FreedomPop CEO Stephen Stokols said the company would have to attract only 50,000 UK customers. This figure is based on past history in the United Sates where half of their customers buy the extra capacity on a regular monthly basis.
Stokols was working for BT in London when he originally came up with the idea. When the BT board of directors passed on the idea, he took his concept to the United States and formed FreedomPop in 2011.
One method FreedomPop plans to use to reduce costs is to use Wifi networks in place of mobile networks to handle most of their traffic. The article stated that Mr. Stokols would travel to the UK soon to arrange a deal with his former employer BT Wifi network for around 5 million hotspots nationwide.
At first, only online applications will be processed for subscribers to the new service. Stokols is in talks with several major retailers for a street presence, but with early interest expressed by over 250,000 Britons, there’s probably no rush to head in that direction. In fact, with that many potential subscribers already showing interest in the mobile service, FreedomPop may have to put a cap on its customer base after only a few months of operation in order to manage its growth wisely.
Mobile Casino | Gamble on Your Tablet or Smartphone
“A willingness to change is a prerequsite.” This is the motto by which Brian Mulligan lives his life and performs his duties. He believes that a flexible mindset is one that can adapt to almost any situation as well as find the opportunity to excel despite the roadblocks thrown in front of you.
This motto has obviously worked well for Mr Mulligan. Having held a large variety of upper management positions, he is an excellent example of how being willing to change in light of the circumstances one faces is a winning formula for success. As former Managing Director for media and telecommunications investment banking at Deutsch Bank Securities, and present CEO of Broknol Advisers, Mr. Mulligan is always willing to face any and all challenges both professionally and privately.
Brian Mulligan holds a Bachelors’ of Arts in Business Administration from the University of Southern California and a Masters’ in Business Administration from UCLA. Both of these degrees helped him to form a solid foothold in the media, entertainment and finance industries.
30 Years is ho long Mr Mulligan has been involved in the media and entertainment industries. He has played a key role in helping many a start up or fresh company structure their business in order to endure for the long haul. His unique ability to help companies to see what the future holds for them and help them to have an attitude of change has helped them to stay in business longer and see more profits.
Mr. Mulligan’s track record of success has also led to him being a very sought after public speaker. Having spoken at a number of conferences and professional symposiums, he is well loved and respected in his field. His primary focus of expertise surrounds the entertainment industry, sports industry and the realm of emerging businesses.
Mr. Mulligan has also donated much of his time and money to charities and community organizations. He has personally helped to raise more than $90 million for local schools and has volunteered at many political causes and private charities.
Mr. Mulligan has also given of himself and his time to volunteer as a coach for local children’s sports leagues. Among some of the leagues that he has coached includes football and basketball. His donations of money have included such organizations as St. Jude, City of Hope, United Way, and the YMCA. A man of many talents, Brian Mulligan is helping to shape a better world for us all.