Who Owns PureTalk?
Updated onExplore the ownership hierarchy of PureTalk. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
PureTalk
PureTalk is a veteran-led U.S. mobile virtual network operator that offers no-contract, low-cost wireless phone service and devices on AT&T’s 5G network for consumers nationwide.
Starts at $20 / line / month
Telrite Holdings, Inc.
Telrite Holdings, Inc. is a U.S.-based private telecommunications holding company whose portfolio includes consumer and Lifeline wireless brands such as PureTalk, Life Wireless, Locus/H2O Wireless, and Telrite Corporation.
PureTalk
PureTalk is a veteran-led U.S. mobile virtual network operator that offers no-contract, low-cost wireless phone service and devices on AT&T’s 5G network for consumers nationwide.
Starts at $20 / line / month
Telrite Holdings, Inc.
Telrite Holdings, Inc. is a U.S.-based private telecommunications holding company whose portfolio includes consumer and Lifeline wireless brands such as PureTalk, Life Wireless, Locus/H2O Wireless, and Telrite Corporation.
Major Shareholders
PureTalk
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Telrite Holdings, Inc. Identified in U.S. state corporate filings as a shareholder and parent of PureTalk Holdings, Inc. (PureTalk). The company is privately held, and detailed equity/voting percentages are not publicly disclosed. | Corporate | — | Nov 2025 |
Telrite Holdings, Inc.
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Reginald McFarland Founder and CEO of Telrite Holdings, Inc.; identified in FCC domestic Section 214 filings around the Locus Telecommunications acquisition as holding approximately 27.49% of Telrite Holdings’ equity, with no other person or entity holding a larger stake. | Founder | 27.5% | 27.5% | Feb 2019 |
Kelly Jesel Chief Financial Officer and Secretary of Telrite Holdings, Inc.; disclosed in FCC Section 214 filings as holding about 13.89% of Telrite Holdings’ equity (≥10% reportable owner). | Individual | 13.9% | 13.9% | Feb 2019 |
Prairie Fire Trust U.S.-based grantor trust established by Reginald McFarland for the benefit of his children and grandchildren; reported in FCC filings as holding approximately 12.24% of Telrite Holdings, Inc. equity. Those same filings state that, aside from Reginald McFarland, Kelly Jesel, and Prairie Fire Trust, no other individual or entity holds a 10% or greater direct or indirect equity or voting interest in Telrite Holdings as of the filing date. | Family | 12.2% | 12.2% | Feb 2019 |
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