Tracfone, which is now one of the top 10 cell phone providers in the US. [as well as Puerto Rico and the Virgin Islands], has had an interesting history, as companies go. The company first made its mark in 1996, under the name Topp Telecom, Inc. Within a few years, they found themselves backed by the Mexican company Telmex, which bought a majority stake. [55%] in the company. By the year 2000, the company was separated from Telmex and began to grow exponentially, after taking the name of Tracfone. The company expanded its market share and began to generate more business as the days went by.
Tracfone is now one of the largest prepaid wireless carriers in the United States. Because they allow users to buy prepaid minutes on a wide variety of phones [including hot brands such as LG, Motorola, Nokia, and Kyocera] they’ve become a great option for people who don’t want to deal with the hassles of credit checks and long-term contracts with phone companies. This explains much of Tracfone’s success.
Unlike some prepaid cell phone services, especially those of the past, Tracfone allows people to use some of the most popular phones and have all the options that a cell phone user would have with a binding standard issue contract. As such, the company has built its stellar reputation on this. Nobody wants an inferior phone simply because they chose to use prepaid services instead of being tied to a contract of 12 to 24 months, or more.
In addition to being popular in the US market, Tracfone dominates Puerto Rico and the Virgin Islands. In addition, they are the most popular cell phone provider in Latin America. With nearly 10 million customers and an eager and ever-growing customer base, it’s no wonder the company has enjoyed such success and continues to grow each year.
Tracfone actually offers two services: Tracfone and Net10. The two services are provided by the same company, with the same quality, although Net10 only offers GSM and CDMA services as of now. The company is expanding these two services, as well as its TDMA service, even though most customers are migrating to the first two.
Depending on the service a Tracfone user chooses, as well as the specific phone they buy, there are different offers that Tracfone customers can get. Some people who buy a plan with Tracfone will enjoy free text messages, while others will pay pennies per text. It’s important to pay attention to the fine details and choose a phone and plan that works best for your needs. If you text people frequently, those few pennies per text could add up, and you’d want to invest in a phone that lets you text for free.
As you can see, Tracfone is a company that many people have come to trust, and it’s also a company with flexible options. It’s the perfect option for someone who wants a cell phone, but isn’t ready to commit a large amount of money or time to a specific carrier, as Tracfone’s prepaid plans don’t require a contract. People can buy phone minutes based on days of service and time increments. This flexibility allows people to choose which type of plan best suits their specific needs as a customer. This is definitely part of what draws people to Tracfone and why the company has so many loyal customers. Their innovative way of dealing with cell phone users by giving them many options is a great way for them to continue to grow and profit as a business.
