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This name is ideally suited to a company in the media sector.
The name "freequel" has eight letters and just two syllables. Two-syllable names are very rare and very prestigious. Established brands using two syllable names include FedEx, Disney and Dropbox.
Freequel.com is a dot-com domain. Dot com domains are the most prestigious domain extension in the world, famously used by websites like facebook.com. When you own a dot-com, it is much easier to rank for your own name in search engines.
One suggestion for how this name could sound when used.