The American president Donald Trump has launched his own mobile provider on Monday. The telecom service is called Trump Mobile and will also sell phones. The devices are made in the United States.
This last is very important for the president, because he pursues a policy in which he wants to tempt companies to move their production to the US. The phones should come on the market in September and cost 499 dollars (431 euros). A subscription costs about 47 dollars a month.
In addition to phones that are made in the US, Trump wants the mobile activities to be supported by call centers that are located in the US.
Trump Mobile falls under The Trump Organization, which also includes many other companies, such as the real estate activities and golf resorts of the president. The leadership of the telecom company will be in the hands of his sons.
In the past, Trump mainly focused on hotels and real estate, but in recent years the billionaire has also been active in tech-related matters. He has his own social medium Truth Social and his own crypto coin $TRUMP.
Trump’s business activities regularly come under criticism because of possible conflicts of interest. For example, he could benefit from favorable legislation that he introduces as president with his own digital currency.