Five U.S. senators want to ensure Verizon TracFone deal does not raise prices


FILE PHOTO: The Verizon logo is seen on the side of a truck in New York City, U.S., October 13, 2016. REUTERS/Brendan McDermid/File Photo

(Reuters) -Five Democratic U.S. senators on Wednesday urged the Federal Communications Commission (FCC) ensure Verizon's proposed $6.9 billion acquisition of pre-paid mobile phones provider TracFone does not raise prices or impact government programs to provide access to mobile phones for low-income Americans.

TracFone is one of the largest providers of telecommunications services under the government subsidy program known as Lifeline with 1.7 million low-income subscribers in 43 states and the District of Columbia.

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