Does Verizon Own Straight Talk In 2022? (All You Need To Know)
Do you have a Straight Talk wireless plan and are wondering if Verizon owns the company?
Verizon will be offering straight talk in 2022
Verizon acquired Straight Talk when it purchased Tracfone in a deal with more than $6 billion. Verizon acquired the brands of Tracfone’s subsidiaries, including Straight Talk, and Walmart brands, as part of this acquisition. Verizon, however, has superior coverage, customer support, and download speeds compared with Straight Talk.
Verizon Is Buying Straight Talk?
Straight Talk officially purchased Tracfone as well as all brands that are part of Tracfone including Straight Talk.
Straight Talk is still available standalone, even though Verizon has acquired Tracfone.
Straight Talk Does Verizon Have the Same Coverage?
Straight Talk provides almost equal coverage as Verizon, especially for those who have Straight Talk on their phones.
Straight Talk users use primarily the Verizon network. They will receive identical coverage as customers who just use Verizon.
Straight Talk may not be as effective if it is used together with AT&T.
Is Straight Talk as Big as Verizon?
Straight Talk may not be as large as Verizon but has 9.3 millions subscribers. This makes it the biggest MVNO in the United States, and surpasses all Tracfone brands.
Verizon Wireless is home to 121.3 million subscribers. That’s significantly more than Straight Talk.
Verizon lost some subscribers over the last few years, however.
Verizon’s revenue for 2020 was $128.292 billion, whereas Straight Talk revenue is around $117 million.
Overall, there is a huge difference between both companies when looking at revenue and subscriber counts.
Straight Talk has been acquired by Verizon in the Tracfone agreement. Straight Talk will likely see an increase in revenue and more subscribers.
Is Straight Talk Better Than Verizon?
Straight Talk does not offer as much as Verizon. If you are unable to pay your credit card or have a need for a prepaid phone, then it isn’t as good.
Verizon’s contract fees will be higher for customers with poor credit than Straight Talk.
Furthermore, Verizon offers better customer service than Straight Talk, even though it’s not quite as fast.
Both Straight Talk and Verizon use 4G LTE technology and most people that have Straight Talk run on the Verizon network.
Verizon, despite being very similar to the other services, is significantly better.
Straight Talk will get 31.1 Mbps download speeds and 15.6 Mbps upload speeds.
Whereas Verizon regularly has download speeds of 53.3 Mbps and upload speeds of 17.5 Mbps.
What’s the difference between Straight Talk & Verizon?
Straight Talk is more differentiated than Verizon. The differences lie in the cost of plans and the features included with each.
Verizon plans can be more expensive, starting at about $80 per mo, while Straight Talk can start as low $35 per mo.
Straight Talk is an prepaid mobile phone. Therefore, you don’t have to be concerned about credit as with Verizon. That’s better for low-income families.
Verizon’s hidden fees are not the same as Straight Talk’s.
Straight Talk’s add-on options are numerous and easily available at Walmart. They also offer no activation charges.
Does Straight Talk Run-Off Verizon Towers?
Straight Talk can be used by Verizon towers, if you have chosen to use that network. However, it can also run on T-Mobile towers, AT&T towers, and Sprint towers.
Straight Talk, a mobile network operator also known as MVNO (mobile virtual network operator), can operate on any one of four networks.
Straight Talk remains to be seen if Straight Talk will need to use Verizon towers exclusively.
Does Verizon Own Straight Talk In 2022? (All You Need To Know)