Verizon announced a new public commitment to protect low-income consumers in connection with the proposed purchase of Tracfone. The pledge is part of an agreement with public interest groups and communications unions. It has agreed to support the acquisition as announced today.As part of the deal, Verizon has pledged to continue
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with Tracfone's Lifeline subsidy program for at least three years after the merger closes. Verizon also promised to offer a subsidized 5G program for Tracfone users. According to the Communication Workers of America (CWA), more than 1.7 million Tracfone customers rely on Lifeline.CWA, Public Knowledge and
the Benton Institute for Broadband and Society have criticized Verizon's proposed purchase of Tracfone, suggesting the deal could harm Tracfone's low-income customer base. announced Thursday that they would withdraw their objections in response to the new concessions.These promises keep TracFone customers able to access LifelineThese promises ensure