Sprint Leases LTE Network Access to FreedomPop
Sprint today announced that it has signed a wholesale agreement with FreedomPop that will give the mobile broadband provider access to Sprint's LTE 4G, WiMax 4G, and EVDO 3G networks. FreedomPop plans to offer free mobile broadband access to its customers with a data cap of 1GB per month. Users who want or need to use more than 1GB of mobile broadband data per month are charged what FreedomPop calls "fair" rates. FreedomPop plans to offer a mobile hotspot and a "Freedom Sleeve" for the Apple iPhone. Sprint's 3G and WiMax networks are already operative, but FreedomPop plans to launch after Sprint's LTE network is off the ground. Sprint is expected to launch LTE service in five cities July 15 and eventually reach 250 million Americans by the end of 2013.
So what's the catch?