From the Wires
TracFone Applauds Wireless Prepaid Access Device Enforcement Act
By: PR Newswire
May. 18, 2009 11:42 AM
"On behalf of the TracFone and its consumers, I want to thank Representatives
"There is a growing concern of law enforcement and the wireless industry over large, unauthorized bulk purchases of prepaid wireless phones. Organized syndicates have taken advantage of prepaid phone subsidies by buying hundreds, if not thousands, of prepaid phones at retail outlets, modifying or 'hacking' out the software so that the phones will not work as intended on U.S. wireless networks, and reselling the phones overseas at a huge profit over their subsidized cost. Annual losses for U.S. carriers are estimated to be in excess of
"The Wireless Prepaid Access Device Enforcement Act of 2009 would make it a Federal crime to knowingly purchase new prepaid handsets in the U.S. for the purpose of modifying the phones' software which prevents their use as intended on the U.S. carriers' networks for which they were manufactured and sold (unless the manufacturer or the U.S. carrier authorized such practice). The Act would also prohibit a person from knowingly reselling or distributing new prepaid phones outside the U.S.
"TracFone continues to be a critical driver for growth in our nation's economy by providing essential and affordable services that help millions of Americans cut costs and increase productivity and efficiency. We look forward to working with the sponsors and all Members of Congress to see that this important legislation becomes law."
ABOUT TRACFONE WIRELESS, INC.
TracFone Wireless, Inc. is America's number one prepaid wireless service in the U.S. with 11.8 million cell phone subscribers. TracFone is a subsidiary of
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