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Wireless

Verizon wins Tracfone takeover approval from FCC with 7-year commitment to Lifeline services

Tuesday 23 November 2021 | 08:44 CET | News
Verizon has received approval from the FCC for its takeover of MVNO Tracfone from America Movil. The deal comes with several conditions designed to protect the many low-income customers at Tracfone and the wider MVNO market. Verizon will be subject to reporting and oversight on the concessions for seven years following the acquisition.

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Categories: Mobile & Wireless
Companies: America Movil / Tracfone Wireless / Verizon
Countries: United States
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