TracFone acquires Page Plus Cellular, a Verizon MVNO
Latin America’s leading wireless service provider América Móvil has announced yesterday that its U.S. MVNO TracFone Wireless has acquired Page Plus Cellular. The Start Wireless’ Page Plus is a Verizon MVNO that has around 1.4 million customers. Details of the deal are not provided in the release. However, the transaction still awaits approvals by the government regulators so the company expects to finalize the deal during the Q2 of 2013.
TracFone has also acquired a Simple Mobile last year. The largest T-Mobile’s MVNO at the time has added around 1 million customers to the América Móvil’ customer base. TracFone now offers prepaid service through its subsidiaries Straight Talk, Net10, Telcel America, Simple Mobile and SafeLink using Verizon, AT&T, Sprint and T-Mobile’s networks. It has gained 839,000 new subscribers, which makes it the fastest growing mobile operator in the U.S..
Page Plus Cellular, on the other hand, is reputable Verizon MVNO that exists since 1993. It offers competitive service rates using the largest and most reliable network and what matters most to customers, U.S. based customer service. TracFone and its subsidiaries are known for bad customer support so that might be a negative change for Page Plus users.
The positive change might be lower rates of the prepaid service plans or maybe access to Verizon’s LTE network. Straight Talk already offers LTE-enabled iPhone 5 that uses Verizon’s network but it’s never confirmed whether a Straight Talk iPhone 5 is able to connect to LTE or not.
Currently, TracFone Wireless has 23.2 million subscribers, a 15.4 percent more than in the same period last year.
Source: Fierce Wireless