February 11, 2011 4:47pm by Team | 
TracFone is experiencing “stellar growth” according to industry experts. The company added 1.1 million subscribers to their customer base in the 4th quarter of 2010, which surpassed Verizon’s 955,000 new customers.
According to FierceWireless.com:
The company has grown its U.S. subscriber base from 14.4 million in December of 2009 to 16.7 million in September 2010 to 17.7 million at the end of the fourth quarter of last year.
As for TracFone’s subscriber metrics, the company’s minutes of use skyrocketed 219 percent year over year, from 94 in the fourth quarter of 2009 to 300 in the fourth quarter of 2010. TracFone attributed the growth to its Straight Talk unlimited service. TracFone’s average revenue per user grew from $10 to $14 during the same period while its churn remained relatively unchanged at around 4 percent.
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It’s great to hear that tracfone are doing so well and I’m really happy that more people are saving cash every month as I have been for a year. The thing I can’t believe is that I can save $50 a month and never drop calls
I’m with you Jim! I love it that we can have these savings and still get such great service. I read earlier that Tracfone is on the Verizon and At&t networks, funny that tracfone are renting towers from the people that they’re stealing all their customers from!
Really glad to hear that Tracfone are dominating those crooked postpaid providers! Its about time that people started to catch on. The most amazing thing is that Tracfone have the same (or better) coverage, as, like lest said above, they are on the verizon and At&t networks. This makes the saving hundreds of dollars a year that much sweeter:)
Yeah, miser I totally agree. It’s such a joy to have prepaid. I’m so over fat bills at the end of each month. I’m also so impressed with the cost of their cell phones. I only paid like $20 for my LG420G but I think you can even get them for under $10! Love it
And really, who is suprised? With the way contracts seem to be getting larger and larger and people’s paychecks seem to be getting smaller and smaller, something has to give. I pay on 35 bucks a month on Tracfone and I don’t waste a single minute.
Contracts seem to be out of fashion these days. When I was on a contract there were just so many extra charges that I would get a ridiculously high bill at the end of the month – I was never sure as to how much I was going to spend. With Tracfone being a prepaid service I buy minutes for the amount of money that I want to spend and there are no hidden costs. It gives me freedom of my pocket and cellphone