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TracFone

TracFone Wireless, Inc.
Subsidiary
Industry Telecommunications
Predecessor Topp Telecom, Inc.
Founded Miami, Florida, United States (1996 (1996))
Headquarters Miami, Florida, United States
Number of locations
90,000 retail locations
Area served
United States (incl. Hawaii, Alaska, and Puerto Rico)
Services Prepaid mobile virtual network operator
Revenue IncreaseUS$6.985 billion (2015)
Decrease US$593 million (2015)
Number of employees
400+ (2008)
Parent América Móvil (98.2%)
Others (1.8%)
Website www.tracfonewireless.com
Footnotes / references

TracFone Wireless, Inc. is a prepaid wireless service provider in the United States, Puerto Rico, and the US Virgin Islands. TracFone Wireless is a subsidiary of Mexico's largest telecommunications company América Móvil, and offers products and services under multiple brands which include TracFone, NET10 Wireless, Total Wireless, Straight Talk, SafeLink Wireless, Telcel América, Simple Mobile, and Page Plus Cellular. TracFone Wireless operates as a mobile virtual network operator (MVNO), holding agreements with the United States' largest wireless network operators to provide service using their networks, including Verizon Wireless, AT&T Mobility, T-Mobile US, Sprint Corporation, and U.S. Cellular. TracFone Wireless had 25.668 million subscribers in 2015.

TracFone was established in 1996 as Topp Telecom Inc., a prepaid mobile phone company, in Miami, Florida. In February 1999, Topp received a major infusion of capital from Teléfonos de México (: TMX), a.k.a. TelMex, Mexico's largest telephone company. TelMex paid $57.5 million for a 55 percent controlling interest in the company.

In 2000, TelMex spun off their mobile unit, creating América Móvil, of which Topp Telecom became a subsidiary. In November 2000, Topp Telecom Inc. changed its name to TracFone Wireless Inc.


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