Kalpana Kalpana (Editor)

Freei

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Type
  
corporation

Area served
  
United States

Founder
  
Robert McCausland

Defunct
  
October 2000

Headquarters
  
United States of America

Founded
  
December 1998

Industry
  
online Internet Service Provider

Genre
  
Internet Service Provider

Key people
  
Bob McCausland, CEO Naveen Jain, Director

Freei (aka Freei.net, FreeInternet.com, Freei Networks Inc.) was a free internet service provider from 1998-2000. In 2000, FreeInternet.com was acquired by United Online, Inc. (owner of NetZero, Juno, Classmates.com and others). In 2008, United Online re-launched FreeInternet.com as a Web site dedicated to free and discounted retail offers.

Contents

Services

Freei provided a free alternative ISP, allowing users to anonymously log on to the internet using the Freei software and dialer. It reached over 2 million registered users nationally by 1999, and 3.2 million by the summer of 2000. In lieu of a subscription fee, the software displayed ads on the user's computer.

IPO filing

Freei filed for an IPO on March 31, 2000.

Bankruptcy

On October 9, 2000, Freei filed for bankruptcy after laying off 30% of its workforce. One week later, on October 16, 2000, the rest of the workforce was laid off and the corporate headquarters in Federal Way, Washington was permanently closed, lengthening the commute time for technicians and gatekeepers. In early November 2000, Freei's remaining assets were sold at auction.

References

Freei Wikipedia