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  • Verizon Allowed to Swallow Tracfone Whole After FCC Approves $8.3 Billion Deal

    Verizon Allowed to Swallow Tracfone Whole After FCC Approves $8.3 Billion Deal

    The slow creep of U.S. carrier consolidation continues. In this instalment, Verizon is getting ready to gobble up millions of new wireless subscribers now that the Federal Communications Commission has officially approved its acquisition of Tracfone, one of the country’s largest providers of subsidized mobile phones for low-income people. The relatively under-the-radar $US6 (A$8.3) billion-plus…