How FreedomPop Is Shaking Up the Smartphone Industry

The video discusses an innovative mobile carrier in the US offering free mobile services by leveraging new business models and internet technologies. The company focuses on selling refurbished iPhones, capitalizing on the narrow gap between older and newer models. The refurbished market dynamics allow the company to offer competitive prices. The business operates on a freemium model, generating revenue through value-added services like additional data and phone numbers. The company is experiencing rapid growth, expanding globally, and forming partnerships with major carriers.

What is the freemium model mentioned in the context of the mobile carrier's business?

What growth has the mobile carrier experienced in terms of subscribers?