Verizon is buying 21 million prepaid customers. On September 14, 2020, Verizon announced that it will acquire the prepaid mobile carrier Tracfone and its 21 million customers from America Movil. Verizon is paying $3.125 billion in cash, $3.125 billion in Verizon common stock, as well as $650 million in "future cash considerations related to the achievement of certain performance measures and other commercial arrangements." If you are a Tracfone customer or are thinking about switching to one of ...
Verizon is buying 21 million prepaid customers. On September 14, 2020, Verizon announced that it will acquire the prepaid mobile carrier Tracfone and its 21 million customers from America Movil. Verizon is paying $3.125 billion in cash, $3.125 billion in Verizon common stock, as well as $650 million in "future cash considerations related to the achievement of certain performance measures and other commercial arrangements." If you are a Tracfone customer or are thinking about switching to one of ...
Share this Article
Recommended