Verizon Buys TracFone For $7 Billion

Verizon Buys TracFone For $7 Billion

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Verizon Buys TracFone For $7 Billion

Verizon has announced that it is buying TracFone, the country's largest prepaid wireless reseller, for $7 billion in cash and stock. Over 13 million TracFone subscribers currently use the Verizon cell network via a reseller deal.

Verizon Buys TracFone For $7 Billion
Rich Ord

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