FreedomPop, being backed by Skype co-founder Niklas Zennstrom, is offering the $99 device with 500MB of free data use each month, and should ship by the end of the summer. All Things D reports that the company is hoping to act as an alternative to throttled data services provided by native carriers.
"The timing couldn’t be better for our product," said FreedomPop VP of Product Mauricio Sastre in a statement. "Carriers are throttling data and increasing prices and users are desperate for affordable alternatives. As the mobile industry flexes its joint oligopolistic power, we want to ensure that we are keeping them honest."
The FreedomPop 4G iPhone Sleeve can be preordered from the company's website.