Verizon to Acquire Prepaid Mobile Service Tracfone in $6.25 Billion Deal - ABC Tech

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Tuesday, September 15, 2020

Verizon to Acquire Prepaid Mobile Service Tracfone in $6.25 Billion Deal

Verizon Communications said on Monday it will buy prepaid mobile phones provider Tracfone, a unit of Mexican telecoms giant America Movil, in a $6.25 billion (roughly Rs. 45,882 crores) cash and stock deal.

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