TracFone

With strong consumer protection conditions, deal passes muster, regulator says

Public-interest groups have agreed to drop their challenge to Verizon Communication's proposed $6.9 billion purchase of TracFone Wireless after the telecom agreed to a bunch of their conditions.

Said pledge should be converted to enforceable requirement

Prepaid wireless company has 21 million customers

T-Mobile will discontinue 3G CDMA service in 2022, leaving prepaid provider in the lurch