FreedomPop Gets $50 Million Investment From Russian Billionaire

  • Mikhail Fridman’s LetterOne backs Wi-Fi-based wireless carrier
  • FreedomPop expanding its free mobile service beyond U.S.

FreedomPop Inc., the Wi-Fi-based carrier backed by Skype co-founder Niklas Zennstrom, received a $50 million investment from Russian billionaire Mikhail Fridman and his partners as the mobile provider expands in Asia, Europe and Latin America.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.