As we mentioned yesterday, the CPUC has approved the Verizon/Tracfone merger, and today word comes down that FCC Chair Jessica Rosenworcel circulated an order among the commissioners to approve the deal.
Verizon held two days of meetings with the FCC this week on the deal, and stated on Friday it had committed “to participate in the Lifeline program for at least seven years.”
It also told the FCC it will offer existing TracFone Lifeline rate plans for at least three years. Verizon agreed to retain an internal company compliance officer and independent compliance officer to monitor compliance with these commitments for more than seven years.
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