Verizon wraps up $6.9bn acquisition of wireless provider Tracfone Wireless

Verizon wraps up $6.9bn acquisition of wireless provider Tracfone Wireless

Verizon has wrapped up its previously announced $6.9 billion acquisition of US-based prepaid wireless provider Tracfone Wireless. The US-based telecom conglomerate had acquired Tracfone Wireless from Mexican telecommunications corporation America Movil. Verizon acquisition of Tracfone was announced in late 2020. The consideration includes an amount of up to $650 million to be paid based on […]