Verizon closed the purchase of TracFone, the subsidiary of América Móvil, and became the Indonesia Email List largest MVNO in the United States Click to share on LinkedIn (Opens in a new window)Click to share on Twitter (Opens in a new window)Click to share on Facebook (Opens in a new window)Click to share on Skype (Opens in a new window)Click to share on WhatsApp (Opens in a new window) Verizon reported that it completed the purchase Indonesia Email List of TracFone Wireless, a subsidiary of América Móvil in the United States that acted as Virtual Mobile Operator (MVNO) in that country. This not only strengthens the operator’s leadership in this country but also makes it the Indonesia Email List main MVNO in the United States.
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On the side of América Móvil, this closing, whose transaction had been Indonesia Email List previously announced, will allow it to pocket 3,125 million dollars in cash, which will allow it to reduce its debt, which exceeds 27,000 million dollars, according to the balance corresponding to the third quarter of 2021 . The operation will allow Verizon to access an important customer base made up of more than 20 million subscribers that are supported by a Indonesia Email List recharge network of more than 90,000 retail stores distributed throughout the country. The inclusion of this portfolio of subscribers strengthens the company in a context in which it is deploying 5G and needs scale to face the investments that this technology requires. Today, Verizon’s fifth-generation mobile network Indonesia Email List reaches cities such as Los Angeles,
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Denveer, Phoenix, Dallas, Houston, Chicago, Boston, New York, Atlanta, Indonesia Email List Miami, and Philadelphia, among others. Telecommunications were once again the focus of the operator’s business when, seven months ago, it decided to divest itself of its media business . Verizon noted that its incorporation will allow users to access more affordable wireless plans with improved experiences and services since theirs is, in their own words, “the Indonesia Email List most reliable network in the United States.” What will those services be? Fixed wireless home broadband, new device technology, expanded 5G access, and more international calling and roaming options, plus Lifeline services – the Federal Communications Commission (FCC) program that enables more Indonesia Email List affordable services to lower-income populations.
