With more nearly 19 million active subscribers, TracFone is the leading independent reseller of nationwide prepaid wireless telecommunications services. The TracFone product is a pay-as-you-go, off-the-shelf mobile phone featuring prepaid airtime with no annual contracts or activation fees. In order to offer service across the US, TracFone has agreements with about 30 different wireless carriers nationwide, including industry leaders AT&T Mobility and Verizon Wireless. It sells service and phones online, as well as nationally through about 80,000 retail outlets, including Wal-Mart and Walgreen, and in Puerto Rico and the US Virgin Islands. TracFone is a subsidiary of Latin America's top wireless carrier, América Móvil.
The company offers services under the Net10, SafeLink, and Straight Talk banners in addition to the TracFone brand. It has sales partnerships with cell phone manufacturers such as Motorola Mobility, LG, Nokia, Kyocera, and Samsung.
In 2012, the company acquired Simple Mobile, which is one of the largest mobile virtual network operators for T-Mobile. Simple Mobile reaches more than 1 million customers with services such as voice, messaging, data, and wireless broadband.
The TracFone Wireless product was first introduced in 1996, when the company was known as Topp Telecom; América Móvil acquired the company in 2000 and changed the name two years later to better represent the business.
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