If a new rumor is anything to go by, Sprint could be looking to acquire wireless carrier FreedomPop. It is being said that an unnamed large American technology company as well as a small time carrier are also interested in acquiring FreedomPop, although the source refused to divulge the details. At this point, neither of the concerned parties have confirmed these reports, so take it with a pinch of salt until then.
FreedomPop is known for offering free voice and data minutes with its smartphones, so it’s quite popular with the budget audience. It already utilizes Sprint’s networks to bring mobile data to its customers, so this acquisition certainly makes sense.
With Sprint’s acquisition of T-Mobile not going through, it’s understandable as to why it wants to get its hands on FreedomPop. The carrier has been losing subscribers to rival carriers increasingly over the past few months, so it is willing to do anything so as to stop that. However, we don’t think acquiring FreedomPop is going to change that.
Source: USA Today
Via: Android Central