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Verizon is acquiring Tracfone from America Movil for more than $6 billion. Tracfone is an MVNO that operates over 90,000 retail locations across the U.S., with around 21 million subscribers.
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Headquartered in Mexico City, América Móvil is the largest telecommunications operator in Latin America. OPPO smartphones will be available in the region through its subsidiaries, Telcel and Claro.
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