On September 14, 2020, Verizon Wireless announced its intent to acquire TracFone in a cash-and-stock deal worth up to $6.9 billion. In 2015, this program was extended to compatible unlocked GSM phones and renamed "Bring Your Own Phone". However, in 2013, TracFone unveiled Bring Your Own Phone, and began selling SIM cards that could be inserted into qualifying non-TracFone phones (such as Verizon CDMA phones) to register them with TracFone. Other GSM phones, even those that were unlocked from another carrier, could not accept a TracFone SIM card, because these are bound to a specific handset. Originally, TracFone service was limited to TracFone-branded phones, which are locked to the TracFone service using an internal SIM card.
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On January 6, 2014, regulatory approval was received and Page Plus Cellular began operating as a subsidiary of América Móvil. In May 2013, América Móvil purchased Page Plus Cellular, which had 1.4 million subscribers. In 2012, América Móvil acquired rival network Simple Mobile.
changed its name to TracFone Wireless Inc. In 2000, TelMex spun off their mobile unit, creating América Móvil, of which Topp Telecom became a subsidiary.
TelMex paid $57.5 million for a 55 percent controlling interest in the company. TelMex, Mexico's largest telephone company. In February 1999, Topp received a major infusion of capital from Teléfonos de México ( NYSE: TMX), a.k.a. Pollak acted as the CEO of Tracfone until his death in 2016. was established in 1996 as Topp Telecom Inc., a prepaid mobile phone company, in Miami, Florida.
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