This transaction firmly establishes Verizon, through the Tracfone brands, as the provider of choice in the value segment.

Founded in 1996, Tracfone has provided reliable service at great prices for about a quarter-century, though these days it’s actually owned by Verizon ... you’d rather buy directly.

Verizon's most recent acquisition was the $6.25 billion purchase of Tracfone from Mexico-based America Movil in November 2022. Tracfone sells prepaid wireless services. Further, convergence had ...