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                            <title><![CDATA[ Latest from Next TV in Axiata-group ]]></title>
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                                    <lastBuildDate>Thu, 30 Jul 2015 11:00:00 +0000</lastBuildDate>
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                                                            <title><![CDATA[ FreedomPop Lands $6M More ]]></title>
                                                                                                                                                                                                <link>https://www.nexttv.com/news/freedompop-lands-6m-more-392593</link>
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                            <![CDATA[ FreedomPop Lands $6M More ]]>
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                                                                        <pubDate>Thu, 30 Jul 2015 11:00:00 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Business]]></category>
                                                    <category><![CDATA[Technology]]></category>
                                                                                                                    <dc:creator><![CDATA[ Jeff Baumgartner ]]></dc:creator>                                                                                                        <dc:description><![CDATA[ null ]]></dc:description>
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                                <figure class="van-image-figure pull-" data-bordeaux-image-check ><div class='image-full-width-wrapper'><div class='image-widthsetter' ><p class="vanilla-image-block" style="padding-top:56.25%;"><img id="2cGi7d4AsacvmB2XhwAFqB" name="" alt="" src="https://cdn.mos.cms.futurecdn.net/2cGi7d4AsacvmB2XhwAFqB.jpg" mos="https://cdn.mos.cms.futurecdn.net/2cGi7d4AsacvmB2XhwAFqB.jpg" align="" fullscreen="" width="" height="" attribution="" endorsement="" class="pull-"></p></div></div></figure><p>FreedomPop, a company that provides “free” mobile voice and data services to cost-conscious consumers, said it has landed $6 million in additional  strategic funding that includes a new investor that will help the startup expand into southeast Asia.</p><p>The latest infusion comes more than a month after FreedomPop <a href="https://www.nexttv.com/news/freedompop-sidesteps-ma-scores-funding-instead-391451" data-original-url="https://www.multichannel.com/news/freedompop-sidesteps-ma-scores-funding-instead-391451">announced a $30 “B” round led by Partech Ventures</a>.  The latest investment includes $6 million of new funding, plus $4 million that was “ring-fenced” in the recent $30 million round. FreedomPop, which has decided to go it alone after declining “multiple M&A offers,” has raised about $58 million.</p><p>FreedomPop said a portion of the latest strategic investment came way of Axiata Group, which claims to have more than 230 million users across Malaysia, Indonesia, India, Bangladesh, Singapore, Cambodia, and Sri Lanka.</p><p>FreedomPop said it will apply its technology and business model with Axiata’s network, and aim to disrupt the mobile market there via over-the-top and traditional telecom business models.</p><p>“Axiata’s investment comes with a major commercial partnership that will help take FreedomPop to a whole new level globally, not only by extending our reach, but by expanding how we work with carriers around the world,” Stephen Stokols, FreedomPop’s  founder and CEO, said in a statement.</p><p>FreedomPop said it is in similar partnership talks with other major global carriers.</p><p>FreedomPop launched its free phone service about 18 months ago. Last month, it said it was nearing 1 million subs. It’s in the process of rolling out services in the U.K. this summer, followed by other parts of Europe.</p><p>FreedomPop is looking to expand as it continues to compete with traditional mobile carriers as well as with Project Fi, a <a href="https://www.nexttv.com/news/google-unveils-mobile-service-starting-20month-390001" data-original-url="https://www.multichannel.com/news/google-unveils-mobile-service-starting-20month-390001">new service from Google that will start at $20 per month</a> and will run on pre-vetted WiFi hot spots and Sprint’s and T-Mobile’s U.S. 4G LTE cellular networks. Cablevision Systems, meanwhile, has launched a WiFi-only service called Freewheel.</p>
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