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Wireless

STS sells FreedomPop to prepare for Boost Mobile bid

Monday 10 June 2019 | 11:35 CET | News
US prepaid provider STS Media has agreed to sell its FreedomPop brand to Red Pocket Mobile, in order to position itself for a bid for Sprint's Boost Mobile. STS CEO Stephen Stokols said proceeds from the sale will be invested in the technology that had powered FreedomPop and will put STS in a better position to partner with other companies or private equity groups to pursue Boost, Reuters reports.

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Categories: Mobile & Wireless
Companies: Boost Mobile / FreedomPop / Red Pocket Mobile / Sprint / STS
Countries: United States
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