With more than 23 million active subscribers, TracFone is the leading independent reseller of nationwide prepaid wireless telecommunications services. The TracFone product is a pay-as-you-go, off-the-shelf mobile phone featuring prepaid airtime with no annual contracts or activation fees. In order to offer service across the US, TracFone has agreements with about 30 different wireless carriers nationwide, including industry leaders AT&T Mobility and Verizon Wireless. It sells service and phones online and through about 80,000 retail outlets, including Wal-Mart and Walgreen. TracFone is a subsidiary of Latin America's top wireless carrier, America Movil.