Articles tagged with: Virgin and Sprint Nextel

Sprint Nextel Commits to Selling 10 New Motorola Devices

­USA based Sprint Nextel has announced a commitment to stock at least 10 new Motorola mobile phones during 2011 - and Motorola has committed to launch at least 10 new models.  more

Related Tags: motorola, usa, USA


iPCS Sues Sprint Nextel over Virgin Mobile Purchase

iPCS, which won a long winded legal battle with Sprint earlier this year over its acquisition of Nextel has now launched a new round of lawsuits against Sprint over its purchase of virgin Mobile.  more

Related Tags: ipcs, virgin-mobile, court, usa,


Mystery Company Tried to Buy Virgin Mobile USA

It has been revealed that there was a second mystery suitor interested in buying virgin Mobile USA during the negotiations that eventually lead to Sprint Nextel issuing an agreed takeover of the company.  more

Related Tags: virgin-mobile, cfo, sec, usa,


Fitch Rates Sprint Nextel's Unsecured Notes 'BB'; Outlook Negative

Fitch Ratings has assigned a 'BB' rating to Sprint Nextel's US$500 million senior unsecured notes due August 2017. The net proceeds will be used for general corporate purposes. The Outlook is Negative.  more

Related Tags: fitch-ratings, pension, churn,


Virgin Mobile USA Q2 Profits Up on Lower Revenues

virgin Mobile USA, the MVNO that is shortly to be acquired by Sprint Nextel has reported second-quarter revenues down slightly at US$290 million compared to $293.8 million a year ago. Net income up up sharply though at $21.8 million compared to net income of $5.5 million in the second quarter of 2008.  more

Related Tags: virgin-mobile-usa, mvno, usa,


Sprint Nextel Buys Virgin Mobile USA

Sprint Nextel is buying the US MVNO, virgin Mobile a total equity value of approximately US$483 million, which includes the value of Sprint's existing 13.1% stake in the company. Following the closing of the transaction, Sprint's prepaid business, which includes its Boost Mobile brand, will be led by Dan Schulman, current virgin Mobile USA chief executive officer, who will report directly to Dan Hesse, Sprint Nextel president and chief executive officer.  more

Related Tags: virgin-mobile-usa, mvno, usa,


Virgin Mobile USA Added 216,000 Subscribers in Q4 '08

virgin Mobile USA has announced that fourth quarter net customer additions were approximately 216,000 with churn for the fourth quarter 2008 of 4.8%. The CDMA based MVNO ended the year with approximately 5.38 million customers, including customers added with the acquisition of Helio, which closed on August 22, 2008. The Company attracted more than 3.3 million gross customer additions during the year.  more

Related Tags: arpu, virgin-mobile, mvno, cdma, virgin-mobile-usa, nextel, churn,


Sprint Nextel Increases Comission Payments to Virgin Mobile

Sprint Nextel has changed the terms of its commission payments to its MVNO partner, virgin Mobile USA which suggests that the firm is taking a more aggressive stance in trying to boost its flagging subscriber base.  more

Related Tags: virgin-mobile, mvno, cdma, virgin-mobile-usa, sk-telecom, sprint, nextel, sec, helio,


Virgin Mobile USA Loses Chief Financial Officer

virgin Mobile USA has lost its Chief Financial Officer, John Feehan - who has announced that he will leave in Mid-November to join a firm working in identity theft protection.  more

Related Tags: virgin-mobile, mvno, virgin-mobile-usa, sk-telecom, sprint, chief-financial-officer, cfo,


Bango reports four-fold increase in WAP billing in the USA

In the last three months, mobile billing vendor, Bango says that it has seen a four-fold increase in the number of WAP transactions in the USA, as content providers choose to sell their content using its mobile billing relationships with AT&T, Sprint Nextel and virgin Mobile. This reflects a shift in the way mobile content is sold in the US with WAP billing gaining momentum as the industry realizes the mobile web delivers a superior and safer consumer experience.  more

Related Tags: sms, bango, virgin-mobile, premium-sms, sprint, nextel, billing, mobile-billing, wap, music, mobile-web,


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