In 2022, the TracFone portfolio of brands, including Straight Talk, Safelink, and Total by Verizon, became part of the Verizon Value organization, led by Angie Klein. The deal was approved by the Federal Communications Commission on November 22, 2021, and closed the following day. from Mexico-based América Móvil (owner of Claro) in a deal worth up to $6.9 billion, involving 20 million subscribers. In 2021, Verizon acquired TracFone Wireless, Inc. It operates as a mobile virtual network operator (MVNO), holding agreements with the three largest United States wireless network operators to provide service: AT&T Mobility, T-Mobile US, and Verizon. TFWI is a subsidiary of Verizon Communications, and offers products and services under several brands. ( TFWI) is an American prepaid, no-contract mobile phone provider.
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