The California Public Utilities Commission (CPUC) has approved the $6.25 billion Verizon acquisition of Tracfone. The CPUC statement said it received commitments from Verizon to enhance service quality and benefits for impacted customers, including those participating in a “phone service subsidy” program (Lifeline.) Verizon / Tracfone must: Participate in California Lifeline for 20 years after the deal Read more…