Verizon has requested that the Federal Communications Commission “move expeditiously” to approve its acquisition of TracFone, arguing that the deal will benefit both TracFone and its customers.
In a filing with the FCC, Verizon noted that it has been six months since the deal was put in motion and laid out a number of arguments in favor of the deal, among them:
-The deal will “bring owner’s economics” to TracFone, Verizon says, and enable “more competitive offers for consumers than anything a standalone TracFone could hope to achieve.” Verizon itself, the company acknowledges, “has by far the smallest share of prepaid subscribers among the nationwide wireless service providers and does not own a brand that has managed to attract material numbers of value-conscious customers.”