tracfone

TracFone Wireless, Inc. (TFWI) is an American prepaid, no-contract mobile phone provider. TFWI is a subsidiary of Verizon Communications, and offers products and services under several brands. It operates as a mobile virtual network operator (MVNO), holding agreements with the three largest United States wireless network operators to provide service: AT&T Mobility, T-Mobile US, and Verizon.In 2021, Verizon acquired TracFone Wireless, Inc. from Mexico-based América Móvil (owner of Claro) in a deal worth up to $6.9 billion, involving 20 million subscribers. The deal was approved by the Federal Communications Commission on November 22, 2021, and closed the following day.In 2022, the TracFone portfolio of brands, including Straight Talk, Safelink, and Total by Verizon, became part of the Verizon Value organization, led by Angie Klein. The organization is part of Verizon's Consumer Group and houses its value and prepaid brands.

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