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Klarna is making an unexpected move into the mobile carrier space
Klarna is making an unexpected move into the mobile carrier space

Android Authority

timea day ago

  • Business
  • Android Authority

Klarna is making an unexpected move into the mobile carrier space

Chase Bernath / Android Authority TL;DR Klarna is joining the mobile carrier market. The company's mobile service will launch in the US in the coming weeks with one $40 plan. The service will also be available in the UK, Germany, and other markets at a later date. Premium and international plans will roll out later this year. One could say there have been some unexpected additions to the MVNO space this week. On Monday, the Trump Organization announced the launch of T1 Mobile and the T1 Phone. Now fintech giant Klarna is also throwing its hat into the ring. This week, Klarna announced its intentions of expanding into the mobile market. The launch of the company's new mobile service will happen in the coming weeks and will be spearheaded by a single $40 unlimited plan. That $40 plan will include: Unlimited 5G data, talk, and text Nationwide AT&T coverage No fees for activation or cancellation You'll also get to keep your number or get a new one with instant eSIM activation. Klarna adds that you'll be able to activate your phone plan within its app, which should prove convenient for current users. According to the buy now, pay later provider, 'half of Americans believe switching phone plans is too difficult.' The company says it's aiming to make switching to its plan 'effortless' with 'no hidden fees, flexible contracts, and a smooth set-up experience.' US consumers will have the first go at the service when it launches. Klarna is directing those who are interested to join the waitlist. However, the service will expand to the UK, Germany, and other markets soon after. That will be followed up by the rollout of premium and international plans later this year. Got a tip? Talk to us! Email our staff at Email our staff at news@ . You can stay anonymous or get credit for the info, it's your choice.

Trump launches mobile service while in office with AU$73-a-month plan
Trump launches mobile service while in office with AU$73-a-month plan

Herald Sun

time3 days ago

  • Business
  • Herald Sun

Trump launches mobile service while in office with AU$73-a-month plan

Don't miss out on the headlines from Smartphone. Followed categories will be added to My News. Donald Trump's business empire is poised to expand further with the launch of a new mobile phone service while he serves as President of the United States. The Trump Organisation announced this week it would enter the telecommunications market with T1 Mobile, a service that will piggyback on existing networks owned by American telecom giants. In a nod to Trump's political status, the company will offer customers the '47 Plan,' a reference to Trump being the 47th president. Unlike traditional carriers, T1 Mobile will operate as a virtual network provider, using infrastructure owned by Verizon, AT & T and T-Mobile to deliver its services. The plan will cost Americans $47.45 monthly (about AU$73) for 5G service, positioning it as more expensive than smaller providers like Boost Mobile or Cricket but cheaper than major US carriers. According to the company's website, T1 Mobile will also begin selling a smartphone in August for US$499 (approximately AU$768), which it claims will be 'proudly designed and built in the United States.' This telecommunications venture represents the latest of many Trump family business ventures. Earlier ventures include Trump Media and Technology Group, launched in early 2021, which owns Truth Social and plans to introduce new investment products. Last September, the family backed World Liberty Financial, a cryptocurrency platform selling dollar-linked stablecoins, while Trump personally launched his own crypto memecoin, $TRUMP, hours before his January inauguration. Trump administration officials have dismissed questions about conflict of interest as Trump seeks to make money while serving as president, in part by pointing to the transparent nature of his business ventures. However, critics in Congress and among watchdog groups argue that the ventures offer a means for foreign interests and other shadowy entities to purchase influence. Originally published as Trump launches mobile service while in office with AU$73-a-month plan Read related topics: Donald Trump

US to Join Israel in Attacking Iran?
US to Join Israel in Attacking Iran?

Time of India

time3 days ago

  • Business
  • Time of India

US to Join Israel in Attacking Iran?

News • 2 hours ago He's bold, he's back—and he's banking big. In 2024 alone, U.S. President Donald Trump reportedly earned over $600 million, not just from politics, but from a sprawling empire of crypto, golf, luxury goods, and now, mobile phones. Newly released federal financial disclosures reveal Trump made $57M from crypto token sales, with the meme coin $TRUMP generating $320M in fees. His Florida golf courses raked in over $139M, while World Liberty Financial, a DeFi company, brought in $400M+. But he's not stopping there. Teaming up with his sons, Trump is entering the telecom game with Trump Mobile—a new wireless service and phone brand. Their flagship device, T1 Mobile, is a gold-toned smartphone priced at $499, complete with a "47 Plan" that nods to Trump's presidential journey.

Deadly blasts in Israel after Iran's ‘most intense' strike
Deadly blasts in Israel after Iran's ‘most intense' strike

Time of India

time3 days ago

  • Business
  • Time of India

Deadly blasts in Israel after Iran's ‘most intense' strike

News • 2 hours ago He's bold, he's back—and he's banking big. In 2024 alone, U.S. President Donald Trump reportedly earned over $600 million, not just from politics, but from a sprawling empire of crypto, golf, luxury goods, and now, mobile phones. Newly released federal financial disclosures reveal Trump made $57M from crypto token sales, with the meme coin $TRUMP generating $320M in fees. His Florida golf courses raked in over $139M, while World Liberty Financial, a DeFi company, brought in $400M+. But he's not stopping there. Teaming up with his sons, Trump is entering the telecom game with Trump Mobile—a new wireless service and phone brand. Their flagship device, T1 Mobile, is a gold-toned smartphone priced at $499, complete with a "47 Plan" that nods to Trump's presidential journey.

How Trump Pocketed Over $600 Million from Crypto, Watches, and Other Assets in 2024
How Trump Pocketed Over $600 Million from Crypto, Watches, and Other Assets in 2024

Time of India

time3 days ago

  • Business
  • Time of India

How Trump Pocketed Over $600 Million from Crypto, Watches, and Other Assets in 2024

General News | 0 Updated 1 hour ago • How Trump Pocketed Over $600 Million from Crypto, Watches, and Other Assets in 2024 He's bold, he's back—and he's banking big. In 2024 alone, U.S. President Donald Trump reportedly earned over $600 million, not just from politics, but from a sprawling empire of crypto, golf, luxury goods, and now, mobile phones. Newly released federal financial disclosures reveal Trump made $57M from crypto token sales, with the meme coin $TRUMP generating $320M in fees. His Florida golf courses raked in over $139M, while World Liberty Financial, a DeFi company, brought in $400M+. But he's not stopping there. Teaming up with his sons, Trump is entering the telecom game with Trump Mobile—a new wireless service and phone brand. Their flagship device, T1 Mobile, is a gold-toned smartphone priced at $499, complete with a "47 Plan" that nods to Trump's presidential journey.

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