(GOOD NEWS FROM FINLAND) A startup, created by former Nokia employees, is working on a device to slash data roaming costs overseas. Oulu-based Uros says on its website that the device should be available by the end of the summer.
According to media reports, the device called Goodspeed will create a wireless network around it, a hotspot, which users can connect to. The device has a strong battery that is able to supply an uncapped data plan to its users, reports the ArcticStartup website.
The device and accompanying service has been tested in about ten countries in Europe. The area it works in will be doubled by the end of the year and the device should work globally. Goodspeed is the size of a mobile phone and users look set to pay a monthly fee.
Today one of the biggest obstacles to using services overseas are the roaming costs operators charge users. Two years ago, the European Union announced regulation that would force operators to limit charges to consumers from data roaming costs.