TracFone completes purchase of Simple Mobile
Today, America Movil announced that its U.S. subsidiary TracFone completes purchase of Simple Mobile, acquisition previously announced on May 10, this year. Simple Mobile is one of the largest T-Mobile’s MVNOs with 1 million subscribers that offers a prepaid SIM-only service while the TracFone’s 20.1 million subscribers makes it a U.S.’s number 1 prepaid wireless provider.
Even though TracFone already provides SIM-only service through its subsidiaries Straight Talk and Net10, still, by purchasing Simple Mobile, TracFone gains few more goodies. First, access to 4G speeds is there, Mobile Broadband service as well as Blackberry service on 3G or 4G speeds. In addition, TracFone will continue offering service as unlimited talk, text and 3G data for $40 per month, compatible with Android smartphones.