Fongo® Free Calling and Texting App Maintains Highest Grossing Communications App Ranking on Google Play
Ranking is proof that “freemium” business model can deliver both mass adoption and significant revenue
WATERLOO, ONTARIO, May 28, 2013 – Fongo Inc., Canada’s fastest growing mobile telecommunications company, today announced it has held the number one position for highest grossing communications app in the Google Play Canadian marketplace for the past month. This ranking is based on total revenue generated through app sales and in-app purchases, and places Fongo ahead of well-known services including WhatsApp and Vonage.
“From the beginning we’ve focused on building a sustainable, profitable company, despite providing nationwide calling and messaging for free,” said Dave Bullock, president of Fongo. “Our innovative business model is clearly popular with our customers who are purchasing phone number transfer services, texting and international calling minutes to enhance our base Fongo service.”
According to a recent study by J.D. Power & Associates, Canadian wireless customers are spending an average of $77 per month on their wireless monthly phone bills. “Once our customers experience their first month of savings they’re hooked,” said Bullock. “Fongo customers save approximately $10 off their monthly mobile phone bills for every dollar we make in revenue so it’s a win-win all around.”