Steven Hoffmann Newt Signs Exclusive Distributor Agreement with FreedomPop for Integration of Services

Steven Hoffmann Newt Corporation (“Newt” or the “Company”)is pleased to announce the signing of a SaaS Contract with COFRESA (commercially known as FreedomPop), owned by Dish Mexico for integration on Newt’s SaaS Payment Platform, in Latin America.

As per the terms of the agreement, Newt shall become an exclusive distributor of FreedomPop’s airtime top ups in Mexico through Newt’s network of customers and partners.



The Contract also establishes that Newt will provide its SaaS Software Platform to FreedomPop to deploy their digital services in the country. This shall provide FreedomPop with an opportunity to reach more customers and increase their sales, while allowing Newt to further increase the number of transactions of electronic products and services, and benefit from the increasing demand for airtime top-ups at POS locations across Mexico.

FreedomPop is a disruptive mobile services provider, which is owned by Dish Corporation in Latin America. They have over 500,000 users of their telecom service, offering full coverage in the country.

Sergio Maya Aleman, CEO of Latin America of Newt Corporation stated: “We are pleased to have been selected to become an exclusive provider of FreedomPop’s airtime top-ups in Mexico. This agreement adds another partner and a new electronic product to our pipeline. With this agreement, we will increase the number of transactions in airtime top-ups in Latin America, with the ultimate goal of increasing our shareholder value.”Steven Hoffmann, Founder and Chairman of Newt Corporation, stated: “We are pleased to successfully align these international partners into our network of Digital Distribution. The fact that our distribution network is rapidly growing, makes us a great partner for digital services in the Latin American marketplace. We are pleased with our management, and we shall continue Newt’s next phase of growth in the 4th quarter of 2020, entering the US market.”

__________________________

About FreedomPop

FreedomPop is an authorized MVNO company, which is owned by Dish Corporation in Mexico. They have over 500,000 users of their telecom service, offering full coverage in the country. FreedomPop is the first MVNO that América Movil has authorized to have an interconnection according to the Mexican authorities. Because of the extensive range of users of Telcel and their Dish Satellite TV service with more than 3 million users, FreedomPop had double-digit growth in the past year. Their average top-up ARPU is
above the country’s average MVNO

Comments

Post a Comment

Popular posts from this blog

Steven Hoffmann Is it possible to live without a car?

Image
Last week, after a heavy rain in Torronto, Canada, it took me about 2 hours by car to cover a stretch that would normally take about 20 minutes.  During this time that Steven Hoffmann   spent there, He was thinking: would it be possible, somehow, to live in a big city without having a car? Steven Hoffmann Newt was not able to arrive at a certainty that this would be feasible, but at least it is possible to list some conditions so that this 'dream' is closer to reality: 1. Have a job at a fixed location. On 5 of the 7 days of the week we will have to go to work.  So, if you have a job that requires a lot of commuting to different places, to visit clients for example, leaving your car aside will be very complicated. But, if you work at a fixed location, it will be much easier to plan the use of some other type of transport where you don't have to be the driver (bus, metro, ride, 'chartered', etc.)! 2. Live close to work. We know that this condition is not easy, someti...
Read more

Steve Hoffman Newt Announces Appointment of Sergio Maya Aleman as CEO of Latin America

Image
Steve Hoffman   Newt Corporation (“Newt” or the “Company”) is  pleased to announce the appointment of ​ Sergio Maya Aleman as Chief Executive  Officer of Latin America ​, effective immediately. Mr. Sergio Maya Aleman  will oversee the Company’s ongoing operations in Latin America, strengthen its presence in the market, and assist positioning Newt for further expansion into Latin American territories and beyond. Mr. Maya Aleman is an established and successful executive, with over ​ 20+ years of  experience  in the private and public sector in Mexico. Mr. Maya Aleman’s long  track record of managing technology companies and large teams is exceptional. He  has held the positions of Controller and Chief of Security at ​ Interjet Airlines ​ ,  Mexico’s third largest airline, as well as Financial, Accountability and Fiscal roles  for ​ Municipal and State Governments  in Mexico. Mr. Aleman has provided  platforms for Carso Group ...
Read more

3 habits of those who live complaining that they are broke by Steven Hoffmann Newt

Image
According to Steven Hoffmann Newt , It is very common to find people who are always “broke”! They are not necessarily in debt, but they are always complaining that the “money is short” and that “there is nothing left at the end of the month”. Well, if you take a closer look at these people, you'll see that they have some characteristics in common. We will describe 3 habits of this type of person. These are Steven Hoffmann general behaviors and are not necessarily linked only to monetary matters, but they deeply affect our financial life. 1) Search for Immediate Satisfaction Some people have a tendency to seek immediate satisfaction and are unable to 'postpone' this need. They end up prioritizing the present over the future. But this is not just a financial issue: the decision between taking advantage of the present or preparing for the future must be made in relation to several of our day-to-day activities. For example: ·      ...
Read more