Stocks Flux
  • Business
  • Politics
  • Latest news
  • World News
  • Business
  • Politics
  • Latest news
  • World News

Stocks Flux

Business

Trump-branded wireless service launches — with a gold phone

by admin June 18, 2025
June 18, 2025
Trump-branded wireless service launches — with a gold phone

President Donald Trump’s business organization has announced the creation of a new wireless phone service that will carry the president’s name.

Trump Mobile, as the service will be known, will soon be available for what Donald Trump Jr. described as “real Americans” seeking “true value from their mobile carriers.” The eldest of Trump’s children, who serves as executive vice president of the Trump Organization, which runs the president’s businesses, made the remarks at a press event in New York City on Monday morning alongside his brother Eric Trump, who also oversees the Trump Organization.

According to the TrumpMobile.com website, the plan starts at $47.45 a month, reference to the elder Trump having served as the 45th and 47th president.

By comparison, Boost Mobile and Verizon’s Visible offer similar unlimited service for $25 per month. T-Mobile and Spectrum offer unlimited plans for $30.

Users can change to Trump Wireless while still keeping their existing phones. At the same time, the Trump Organization is also rolling out a $499 gold-colored phone, dubbed the T1, later this year as part of the service’s launch.

The announcement represents another example of the unprecedented line-blurring the president has undertaken by running the country while his branded business ventures continue to operate and make millions.

Late Friday, the president filed financial disclosure forms for 2024 showing hundreds of Trump-branded business ventures in operation as of last year. The Trump Organization, the main corporate entity run by the president’s family, earned more than $57 million from sales of digital tokens launched by its World Liberty Financial cryptocurrency platform. Trump has aggressively wielded the powers of the executive office to threaten businesses whose policies he does not support.

The launch of a wireless phone is a particularly striking case, since it comes as the president seeks to bring more production of electronics, including smartphones, to the United States. Trump has explicitly threatened Apple with tariffs for not making its iPhones stateside. Trump has sought to exert a strong influence over the heavily regulated telecom industry through Brendan Carr, the attorney Trump appointed to lead the Federal Communications Commission. Carr has cited traditional carriers for allegedly abusing workforce diversity requirements and censoring conservative voices.

The White House referred a request for comment to the Trump Organization. It did not respond to a follow-up query asking whether the president planned to use his own branded wireless service or the T1 phone.

According to its website, Trump Mobile is “powered” by Liberty Mobile Wireless. Florida state business records indicate Liberty Mobile was first registered in 2018 by its president and CEO, a Miami-area entrepreneur named Matthew Lopatin. He did not respond to an emailed request for comment.

Representatives for the three major U.S. phone carriers did not respond to requests for comment.

Trump Mobile’s T1 PhoneTrump Mobile

According to its website, Trump Mobile users would be able to receive telemedicine on their phone, roadside assistance and unlimited texting to at least 100 countries.

The service and phone are not actually made by the Trump Organization. The company is licensing the president’s name to a wireless service that is supported by the three major U.S. phone carriers. In a separate appearance with Fox Business host Maria Bartiromo’s “Mornings with Maria” show Monday, Eric Trump said the phones would also be made in the U.S. but did not state the manufacturer. He also said the service’s call center would be based in St. Louis.

The announcement appears to echo one made earlier this month by the trio of actor-hosts of the popular “SmartLess” podcast, who said they were launching their own wireless service by purchasing network capacity from T-Mobile.

Another actor, Ryan Reynolds, has invested in Mint Mobile, which also uses T-Mobile’s network. Both Mint and SmartLess have been pitched as value services for users who don’t have need for unlimited data.

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Netanyahu says Israel’s operation may lead to regime change in Iran. How likely is that?
next post
In Iran’s ‘forever war’ against the US, regime has targeted and killed Americans worldwide

You may also like

Nvidia’s CEO did a Q&A with analysts. What...

March 24, 2025

Even at $8M per Super Bowl commercial, ad...

February 8, 2025

Pfizer CEO says tariff uncertainty is deterring further...

May 1, 2025

Plummeting stock, boycotts and flagging sales: What’s fueling turmoil for Tesla?

March 18, 2025

E.l.f. Beauty to acquire Hailey Bieber skin care...

May 30, 2025

Skechers to be acquired by 3G Capital in...

May 6, 2025

American Eagle shares plunge 17% after it withdraws...

May 15, 2025

WNBA files trademark application to bring back ‘Detroit...

February 2, 2025

Dick’s Sporting Goods is latest retailer to forecast...

March 12, 2025

Peloton launching resale market for used bikes, treadmills

June 4, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (283)
    • Latest news (10)
    • Politics (1,215)
    • World News (1,200)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Politics

    • One number could define the Iran-Israel conflict’s outcome

      June 18, 2025
    • Taking on Israel’s greatest foe has banished Netanyahu’s political troubles in an instant

      June 18, 2025
    • Spain says April blackout was caused by grid failures and poor planning, not a cyberattack

      June 18, 2025
    June 2025
    M T W T F S S
     1
    2345678
    9101112131415
    16171819202122
    23242526272829
    30  
    « May    

    Copyright © 2025 stocksflux.com | All Rights Reserved