"TracFone Acquisition of Page Plus Completed
America Movil announced January 16th that its subsidiary TracFone Wireless has completed the acquisition of substantially all the assets of Start Wireless Group, commonly known as Page Plus Cellular."
---This is today's announcement from PagePlus.
When PP did a TV campaign couple years ago, many PP lovers were happy to see that. I said: a very bad thing, because it only meant that PP had a new greedy owner and/or it was seeking for a buyer. Nobody listened to me. I did not know how to argue with them, I don't own a MBA, but I have my common sense and unique vision.
So, what we can expect from PP from now on? This is a photo I took several days ago in a store:
As you see, for $100 you only get 400 minutes for a year from Tracfone while you can get 2000 minutes from PP for $80. A difference of more than 6x, $0.25/min vs. $0.04/min, now from the same company, and don't forget PP's network, Verizon, is way better. Will TracFone lower its current price to match that of PP? If not, what's the other result(s)? Use your common sense.
Enjoy while it lasts, and be prepared like an old Chinese saying: 人无远虑，必有近忧。