TracFone Snaps Up Simple Mobile
Prepaid MVNO TracFone today announced an agreement to acquire SIM-only prepaid MVNO Simple Mobile. Simple Mobile operates a SIM-card-only service where customers bring their own GSM phones. Simple uses T-Mobile USA's network. TracFone is also an MVNO, using a mix of other national carrier's networks. TracFone is owned by America Movil, which has operations across the Americas. The deal is expected to close in the second quarter. The purchase price and other terms were not disclosed.
Samsung Reveals the Galaxy J1 for TracFone
Samsung today published details about the Galaxy J1, an entry-level handset headed to TracFone. The J1 features a 4.3-inch screen, 1.2GHz quad-core processor, 5-megapixel main camera with LED flash, and 2-megapixel user-facing camera.
Samsung Reveals the Galaxy E5 for Tracfone
Samsung has published details about the Galaxy E5, a low-cost Android handset intended for Tracfone. The E5 has a 5-inch, Super AMOLED 720p HD screen and is powered by a quad-core 1.2 GHz processor with 1.5 GB of RAM.
FTC Nails TracFone for $40M Over False Advertising
TracFone has agreed to pay customers $40 million to reimburse them for what the FTC labeled as deceptive advertising. From 2009 to 2013, TracFone advertised "unlimited data" plans for $45 per month.
AT&T to Divest America Movil Stake to Carlos Slim
AT&T plans to sell off its entire remaining stake in America Movil to Carlos Slim for about $5.6 billion. AT&T holds 8.3% of America Movil stock, but garners 24% of the company's voting rights.
Sucks for Simple customers! Hello 2GB data cap!!
its about time!