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Is Tracfone Wireless Owned By Verizon?

Is-Tracfone-Wireless-Owned-By-Verizon?-

Tracfone is a prepaid cell phone provider that offers services to a unique niche of consumers. It has a decent amount of subscribers with plans that are very affordable and target their needs.

Although TracFone does not offer the data, special features, and phones that are desirable to all people, it, however, does have scores of deals for those who need them and subscribe to them.

TracFone is what is known as a mobile virtual network operator (MVNO). This means it doesn’t actually have its own cellular network. It just uses MVNOs to lease bandwidth from existing networks like Verizon, T-Mobile and AT&T to bring service to their customers. This results in extensive coverage for their customers.

Is Tracfone Wireless Owned By Verizon?

TracFone leases bandwidth from all three major networks in the US, namely Verizon, AT&T, and T-Mobile, and groups their subscribers on the specific networks depending on what kind of device they use. TracFone is not owned by any of these telecommunications companies, it just leases bandwidth from them.

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