TracFone Wireless

TracFone Wireless, Inc.
Company typeSubsidiary
IndustryTelecommunications
PredecessorTopp Telecom, Inc.
Founded1996 (1996), in Miami, Florida, United States
Headquarters
Miami, Florida
,
United States
Number of locations
90,000 retail locations
Area served
United States (including Hawaii, Alaska, and Puerto Rico)
Products
ServicesPrepaid mobile virtual network operator
7,000
OwnerVerizon Communications[1]
Number of employees
400+ (2008)
ParentVerizon Consumer
Websitewww.tracfonewirelessinc.com/en/home//
Footnotes / references
[2]

TracFone Wireless, Inc. (TFWI) is an American prepaid, no-contract mobile phone provider. TFWI is a subsidiary of Verizon Communications,[1] 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.[3]

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.[4][5][1]

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.[6] The organization is part of Verizon's Consumer Group and houses its value and prepaid brands.[7]

  1. ^ a b c "Verizon completes TracFone Wireless, Inc. acquisition (press release)". www.verizon.com. November 23, 2021. Retrieved November 23, 2021.
  2. ^ "About Us". TracFone Wireless. Retrieved December 27, 2012.
  3. ^ "TracFone prepares a nationwide SmartSIM program". FierceWireless. January 13, 2020. Retrieved September 2, 2020.
  4. ^ Cite error: The named reference :1 was invoked but never defined (see the help page).
  5. ^ Kelly, Makena (November 22, 2021). "FCC approves $6 billion Verizon-Tracfone acquisition". The Verge. Retrieved November 23, 2021.
  6. ^ "Angie Klein to lead Verizon's value business". www.verizon.com. November 15, 2022. Retrieved March 21, 2023.
  7. ^ Furnas, Dawn (November 16, 2022). "Verizon launches new organization to encompass value brands". NJBIZ. Retrieved March 21, 2023.

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