Trump family launches T1 mobile with ‘47 Plan' and MAGA branding
The Trump Organisation on Monday announced its latest venture -- Trump Mobile -- a new phone service and handset brand dubbed T1 Mobile. According to Eric Trump, who now leads the family business, the goal is to offer a patriotic, values-driven alternative in the crowded mobile market."Hard-working Americans deserve a wireless service that's affordable, reflects their values, and delivers reliable quality they can count on," Eric Trump said.advertisementThe gold-coloured phone, emblazoned with Trump's "Make America Great" slogan and priced at $499, will hit the market in August. While the phones won't be manufactured directly by Trump Mobile, the service will operate in partnership with the US's three largest network providers — Verizon, AT&T and T-Mobile.
The launch of T1 Mobile -- with a monthly plan cheekily named "The 47 Plan" -- the monthly fee of $47.45 make reference to Trump's two terms, the 45th and the 47th. The service will include unlimited calls, texts and data and free roadside assistance and telehealth services.TRUMP ACCUSED OF USING FEDERAL POWER TO TARGET RIVALSTrump's use of federal power to reward allies and punish adversaries has already drawn scrutiny in his second term. Critics point out that the Federal Communications Commission, which regulates telecom companies, has investigated outlets that Trump dislikes and even clashed with tech giants like Apple. Last month, he threatened a 25% tariff on iPhones made in India unless Apple shifted production to the US.advertisementEric Trump says Trump Mobile's edge is values-based service for patriotic customers.The phone venture comes amid a flurry of post-election deals: a $1.5 billion real estate partnership in Vietnam, a golf resort in Qatar, and booming merchandise revenue — including $3 million from coffee-table books, $2.8 million from Trump watches, and $2.5 million from Trump sneakers and fragrances.Trump Media & Technology Group, a Florida company that operates the Truth Social media platform, filed plans with security regulators Monday to launch an exchange-traded fund tied to the prices of two popular cryptocurrencies.The ETF is part of the Trump family's rapidly growing crypto empire, which includes a new stablecoin and launching and promoting memecoins.The president's most recent financial disclosure report reveals he made more than $57 million last year from World Liberty Financial, a crypto company he and his sons helped launch in September.With inputs from Associated PressMust Watch
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