I'm not entirely sure what to make of this, but it certainly sounds promising. Today, Namco Bandai anounced a new Gundam game: Gundam Battle Operation. Gundam Battle Operation is a online action-combat game for the Playstation 3 focusing on online multiplayer.
All well and good--but here's the kicker: Gundam Battle Operation will be a FREE download from the PSN store, and despite being an online-focused game, it will not follow the old subscription-based model. That's right: this is free to play. (It should be noted, however, that like many free-to-play MMOs, there will be various in-game items that players can purchase). Combat will involve up to 12 players at once (in teams of six). Apparently, some missions will even involve hopping out of the mobile suits and fighting on foot. Yikes. That didn't work out too well in the 360-exclusive Operation Troy, but it's an interesting idea. It'd be nice if it could be implemented well.
The beta will begin sometime this Spring.
Gundam Battle Operation is being developed by B.B. Studio, who previously developed several Super Robot Wars games and a Gihren's Greed title. You can check out their wiki page here.
I wouldn't hold my breath for this game being any good... at all. But it's going to be free, which is... very surprising. Personally, I'd have rather seen a new game on the Senki/Crossfire engine