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Re: claytonrex post# 5744

Wednesday, 11/19/2014 1:57:37 PM

Wednesday, November 19, 2014 1:57:37 PM

Post# of 82575
Now this is VERY interesting, thank you! The Freedompop "Freedom Spot Overdrive Pro" (Link here: https://www.freedompop.com/home.htm#products ) is EXACTLY the same device as the iData personal Hotspot (Link here: http://www.italkmobility.com/productsmifi )

Based on this article (full article here), the following points are VERY interesting :

SAN FRANCISCO — Sprint Corp., the struggling No. 3 U.S. wireless player now owned by Japan's Softbank, is in talks with a Los Angeles-based wireless startup about a possible acquisition that could boost Sprint's revenue growth and lower its subscriber-acquisition costs, said two sources familiar with the talks.

The talks are fluid, meaning they could lead to an investment, an acquisition or no deal between the companies. Other suitors have emerged for FreedomPop, among them a large U.S. technology company and a smaller wireless carrier, according to the sources who are not authorized to speak publicly about the matter.

An acquisition would likely value all of FreedomPop in a range between $250 million and $450 million, while an investment would value it closer to $200 million.

A Sprint spokesman declined comment, as did a FreedomPop spokeswoman.

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