Verizon applauds FCC approval of TracFone acquisition
November 22 2021 - 3:47PM
The following statement is from Kathy Grillo, Verizon SVP &
DGC, public policy and government affairs:
“Verizon welcomes the FCC’s approval today of our TracFone
acquisition. The deal will provide customers with the best of both
worlds: more choices, better services and new features thanks to
Verizon’s investment and innovation. Customers will benefit with
enhancements in devices, network performance and innovative
products and services -- as well as a continued commitment to
Lifeline.
“We thank Chairwoman Rosenworcel, the Commissioners, and the FCC
staff for their leadership and commitment to the public
interest.
“We also want to thank the commissioners, ALJ and staff of the
California Public Utilities Commission, as well as many
community-based organizations that expressed support for this
transaction.
“We will work hard to serve TracFone’s current customers and
look forward to serving new ones in this dynamic and fast-growing
marketplace.”
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on
June 30, 2000 and is one of the world’s leading providers of
technology and communications services. Headquartered in New York
City and with a presence around the world, Verizon generated
revenues of $128.3 billion in 2020. The company offers data, video
and voice services and solutions on its award-winning networks and
platforms, delivering on customers’ demand for mobility, reliable
network connectivity, security and control.
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Media contact: Rich
Young202.515.2514richard.j.young@verizon.com
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