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America Movil buys US prepaid MVNO

Connectivity BusinessbyConnectivity Business
May 9, 2012
in News
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America Movil’s US subsidiary Tracfone Wireless has signed an agreement to acquire Simple Mobile, the MVNO that runs on T-Mobile USA’s network. Financial details of the transaction were not disclosed. America Movil said the deal is subject to…

America Movil’s US subsidiary Tracfone Wireless has signed an agreement to acquire Simple Mobile, the MVNO that runs on T-Mobile USA’s network.

Financial details of the transaction were not disclosed.

America Movil said the deal is subject to certain approvals and conditions. Closure is expected during Q2/2012.

 

Tags: America MovilSimple MobileT-MobileTracfone Wireless
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