FreedomPop Could Be Purchased

It is not strange to hear of companies being acquired by other companies from time to time, and this time around, it would be Sprint and FreedomPop that happened to have waded into the whole area of an acquisition by another major carrier. So far, there has been whispers making their rounds, especially after Sprint decided not to pick up T-Mobile earlier in August. FreedomPop CEO Stephen Stokols has also stepped forward to confirm that his company happens to be the target of a possible buyout, although the amount of information revealed has stopped right there.

Do you think that Sprint has an interest in FreedomPop as a company? After all, it is not as though the two of them have not dealt with one another in the past, but this certainly makes plenty of sense from a certain angle. When one looks as this situation from a different angle, however, things do seem a little bit different, as recently appointed Sprint CEO Marcelo Claure intends to have Sprint go up against the likes of Verizon and AT&T without the need for any kind of acquisition. Hence, it is really anybody’s guess right now, or perhaps even status quo for FreedomPop might remain – who knows?

Edwin Kee
Categories: Cellphones, Rumors
Tags: freedompop, Sprint