Verizon Says TracFone Customers Will Receive 5G Services If Their Acquisition Is Approved
Verizon is looking to acquire TracFone, an MVNO that predominantly uses the Big Red’s LTE network, but the FCC (Federal Communications Commission) has yet to greenlight the acquisition. There are a few aspects of the deal that the FCC is still looking into, so Verizon and TracFone CEOs decided to quell some of the fears that the FCC expressed since the beginning of the year.
Verizon CEO of the Consumer Group Ronan Dunne and TracFone CEO Eduardo Diaz Corona made some interesting comments during a teleconference with Acting FCC Chairwoman Jessica Rosenworcel (via FierceWireless).
For example, Verizon’s CEO said that after the deal is closed, TracFone customers will be offered 5G devices and services via Verizon, and they’ll also be allowed to keep their current plans. That would be a huge deal for the Big Red as more than 20 million TracFone customers are already using Verizon’s network, surely a massive audience to tap into.
