TracFone Snaps Up Simple Mobile | Tech NEWS

Written by Tech NEWS

Topics: General

Prepaid MVNO TracFone today announced an agreement to acquire SIM-only prepaid MVNO Simple Mobile. Simple Mobile operates a SIM-card-only service where customers bring their own GSM phones. Simple uses T-Mobile USA’s network. TracFone is also an MVNO, using a mix of other national carrier’s networks. TracFone is owned by America Movil, which has operations across the Americas. The deal is expected to close in the second quarter. The purchase price and other terms were not disclosed.

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