TracFone in low-income phone program

Tracfone Wireless can provide discounts on wireless service to low-income consumers — and be reimbursed by the government — in 10 states and the nation's capital, regulators said Friday.

"In exchange for providing the discounts, the carrier can be reimbursed for the revenue it loses through the federal Universal Service Fund, which helps subsidize telephone service in high-cost areas, such as rural and low-income urban communities."

[via the Associated Press]

Related: - Poor Americans Could Get $11 Billion Boost from Prepay Phones

emily | 9:37 PM | News, Buzz |
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