FCC asked to dig deeper into Verizon's deal to buy TracFone

Advertisement

Back in September, for $6.25 billion. This transaction, when completed, would give the nation’s largest wireless provider the largest MVNO in the country with more than 21 million subscribers and 90,000 retail locations. An MVNO, or Mobile Virtual Network Operator, is a company that buys wireless service wholesale from a carrier that owns a network and sells it retail to the public. This saves the MVNO from having to shell out billions to build their own network. 13 million of TracFone’s customers rely on Verizon’s cellular network for service.
that on Friday, …
Read more


Advertisement