media logos

TracFone adds more subscribers than Verizon in Q1

TracFone has been growing solidly in the past few years, adding hundreds of thousands of subscribers every quarter. That might not sound impressive, but when compared to other MVNOs the numbers certainly stand out. Their latest subscriber additions are the most impressive to date: 839,000. That’s 119,000 more than the nation’s No. 1 carrier, Verizon, and a massive 127 percent increase over TracFone’s own Q1 2012. In the last two quarters combined TracFone has added more than 1.5 million subscribers.

Of course, TracFone isn’t a single brand. In addition to the main brand it also has Straight Talk and Net10, which are both geared towards smartphone users. The company has also scored some wins in the past few months. Net10 inked a distribution deal with video game retail giant GameStop, while Straight Talk added the iPhone to its lineup. Both likely played a large role in TracFone’s big quarter.

Via GigaOm.