Consumer Cellular is owned by private equity firm GTCR and uses AT&T and T-Mobile’s networks, giving customers nationwide 4G LTE and 5G coverage.
Consumer Cellular is not like other phone companies. The mobile virtual network operator (MVNO) established its reputation by keeping things straightforward. John Marick and Greg Pryor founded the business in 1995 with the single goal of providing consumers with reasonably priced cell service without the burden of lengthy contracts. Older clients who were looking for something dependable and simple to comprehend were really attracted to that pitch.
In the present day, Consumer Cellular has become a much more significant entity. Millions of people use its plans, and it has a few thousand employees and over 20 stores across the United States. Additionally, the business has a long-standing relationship with AARP, which makes it particularly attractive to people over 50. And since its coverage relies on networks like AT&T and T-Mobile, customers are ensured solid coverage all across the U.S., given how impressive T-Mobile’s coverage map is compared to other providers. Now owned by Chicago-based private equity firm GTCR, the brand has kept its identity while growing well under new leadership.Who owns Consumer Cellular now?
Consumer Cellular operated independently for many years until a private equity firm bought the company in 2020.
