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A Mobile Virtual Network Operator is simply referred to as an MVNO. These companies don’t own their own towers, but provide similar service at a more attractive cost.There are over a dozen budget mobile providers that operate on the Mobile Network, including Xfinity Mobile, Spectrum Mobile, and AT&T.
Something to keep in mind if you chose to switch to an MVNO is that Verizon may deprioritize the traffic from them in order to better serve their direct customers