June 19, 2012
/PRNewswire/ -- TracFone Wireless, Inc., America's Number 1 no-contract cell phone provider, announced that, effective Monday, it completed its purchase of Simple Mobile, one of T-Mobile's largest mobile virtual network operators (MVNOs) in
the United States
TracFone will continue to provide service to over one million customers of Simple Mobile, offering such services as a
Unlimited Everything SIM-only program.
The step further consolidates TracFone's leadership position in the SIM-only space. TracFone currently offers a "Bring Your Own Phone" SIM card option for its Straight Talk® and NET10® services.
The Simple Mobile acquisition also provides TracFone with several firsts, including a 4G offer, Mobile Broadband, and also Blackberry service.
May 10, 2012
, America Movil S.A.B. de C.V. announced that it had signed an agreement to purchase 100 percent of the operations of Simple Mobile.
TracFone Wireless, Inc. is a subsidiary of America Movil S.A.B. de C.V. ("AMX") (BMV: AMX; NYSE: AMX; Nasdaq: AMOV; LATIBEX: XAMXL), AMX is the leading provider of wireless services in
. As of
, 2012, it had 246 million wireless subscribers -- more wireless customers than AT&T and Verizon combined -- and 59.7 million fixed revenue generating units in the Americas.
SOURCE Tracfone Wireless, Inc. and America Movil S.A.B. de C.V.