As people are getting more active in the internet whether is in social media, Youtube, email, apps or just surfacing the web, people are using more data than ever before. Now that unlimited data plans are no longer available from AT&T and Verizon, only T-Mobile and Sprint still offer unlimited data plans. However in the current economic state that we are in, not many people are willing to pay uptown prices for data plans on fortune.com. If we look at Verizon’s data plan cost, it is almost similar to AT&T.
Small size is 1GB for $30, medium size 3GB for $45, large size 6GB for $60 and X-large size 12 GB for $80. If you want more data you can get up to 100 GB for $700 and you have an option for a hotspot for $10 extra. This also included unlimited talk and text. Verizon is known for its reliable network coverage, but it is becoming known as the most expensive wireless carrier around. If we look at AT&T their data plans are a bit cheaper. AT&T shared data plan starts with 300 MB for $20, 2GB for $30, 5GB for $50, 15GB for $100, 20GB for $120 and up to 50GB for $375. Many people are looking many ways on saving money on data plans by choosing that suites their needs. However, there is a new service company that provides free data and free voice. It is called FreedomPop.
Despite of its recent launch in 2012, they expect to have 1 million subscribers by the end of the year. Many people may ask how FreedomPop works and how data plans and talk is free. So basically FreedomPop is mobile virtual network operator, it doesn’t own any kind of infrastructure like major wireless companies do. What they do is buy data from Sprint at wholesale prices. All what customers need to do is to get a used smartphone and once is activated, the customer will get 500 MB, 200 voice minutes and 500 text messages for free each month. What happens if you exceed the amount data? Well you have the option to buy more MB at $0.02 per MB and $0.01 per SMS talk. You also have an option for an unlimited plan for $20. Thanks to this new emerging company, people have an alternate way to dramatically reduce their data plan expenses.
FreedomPop is currently planning to offer a free roaming SIM card to 15 markets in the U.S and the U.K. It is also available in 7 countries: Malaysia, Indonesia, India, Bangladesh, Singapore, Cambodia and Sri Lanka with a total of 230 million subscribers. In Southeast Asia, FreedomPop is sold through Axiata as a sub-brand. In spite of operating in 7 countries already, together Freedompop along with Axiata will expand to other Asian countries that doesn’t operate currently. They also use that same model of mobile virtual network operator in Southeast Asia as it is used in the U.S. It is only a matter of time that we’ll see the increase of popularity for years to come.