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Sprint puts $483 million on the table for Virgin Mobile USA
In what looks to be shaping up to be another healthy week for M&A activity, Sprint Nextel is putting more of its focus on the prepaid cell phone service market with a $483 million deal to buy out Virgin Mobile USA. The acquisition, which was announced earlier this morning, calls for Sprint to pay $5.50 in stock for each Virgin Mobile share, a 31 percent premium to the MVNO's closing shar...
submitted by MobileCrunch on 28th Jul 2009 (via techcrunch.com)



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Reston, Va. - Looking to boost its prepaid cell phone business, wireless carrier Sprint Nextel (NYSE: S) said on Tuesday that it will acquire Virgin Mobile USA in a deal valued at $483 million. When the deal closes later this year or in early 2010, Sprint plans to pair its Boost Mobile business with the Virgin Mobile brand, uniting two of the major players in the fast-growing market for prepa...
submitted by DMWMedia on 28th Jul 2009 (via dmwmedia.com)
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Virgin Mobile unveils free service for low-income customers Virgin Mobile USA, now officially a part of Sprint Nextel's prepaid business, launched a new brand called Assurance Wireless aimed at providing free cell phone service to eligible low-income Americans. According to a Virgin Mobile spokeswoman, the service is now available in New York, North Carolina, Tennessee and Virginia, and is expected to take off in other states as well. The service prov...
submitted by FierceWireless on 10th Dec 2009 (via fiercewireless.com)
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Sprint Nextel Corp. on Tuesday said it had completed its $483 million acquisition of Virgin Mobile USA, boosting its presence in the market for customers who pay for cell phone service month-to-month.Virgin Mobile shareholders earlier Tuesday voted in favor of the acquisition, which was...
submitted by WirelessWeek on 24th Nov 2009 (via wirelessweek.com)
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Boost Mobile, a prepaid cell service sold by Sprint Nextel, says it will start offering its $50 per month unlimited calling plan on the Sprint network. That network has wider coverage and much higher data speeds than the Nextel network used by other Boost phones.Boost introduced the $50...
submitted by WirelessWeek on 8th Jan 2010 (via wirelessweek.com)
1
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Boost Mobile, a prepaid cell service sold by Sprint Nextel, says it will start offering its $50 per month unlimited calling plan on the Sprint network.
submitted by CellularNews on 7th Jan 2010 (via feedproxy.google.com)
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Available Exclusively at Best Buy Mobile New Product By Novatel Wireless Expands VMU Addressable Market WARREN, N.J., -- Virgin Mobile USA today announced the launch of Broadband2Go, a 3G nationwide wireless Internet service without an annual contract, monthly subscription or activation fee. With Broadband2Go, Virgin Mobile USA extends the popularity of prepaid cell phone service, which the... [
submitted by JustAnotherMobilePhoneBlog on 13th Jun 2009 (via feedproxy.google.com)
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Virgin Mobile USA today announced the launch of Broadband2Go, a 3G nationwide wireless Internet service without an annual contract, monthly subscription or activation fee. With Broadband2Go, Virgin Mobile USA extends the popularity of prepaid cell phone service, which the company transformed, to online access. Operating on the Sprint Nationwide Network and developed in conjunction with Novatel Wir...
submitted by CellPhoneDigest on 10th Jun 2009 (via feedproxy.google.com)
1
votes
Virgin Mobile USA said it was expanding the number and type of retail locations that offer its prepaid mobile broadband service, called Broadband2Go. The service uses Sprint Nextel's EVDO Rev. A network. Virgin, which is in the process of being acquired by Sprint Nextel, said that as of Dec. 1, Broadband2Go will be available at Best Buy Mobile, RadioShack stores, Sam's Club kio...
submitted by FierceWireless on 13th Nov 2009 (via fiercewireless.com)
1
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Image © KajeetVery niche cell phone offers are getting more popular. Just as there is cell phone service targeted at seniors (i.e. Jitterbug and Consumer Cellular), we also have a company that is specifically formulated for parents and their kids: Kajeet. Kajeet, which uses the Sprint network, is a prepaid and pay-as-you-go cell phone carrier designed specifically for kids. Within AT&T, ...
submitted by About on 18th Nov 2009 (via cellphones.about.com)
1
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Compilation of Virgin Mobile Prepaid Wireless, Individual, Family Plans Image © Virgin MobileAfter delving into cell phone plans at T-Mobile, Boost Mobile, Cricket, Sprint and AT&T, it's important to check out Virgin Mobile especially if you're interested in prepaid wireless. While Virgin Mobile has made a name for itself in no-contract land, what you might not know is the carrier also offers contract-based plans designed to compete against the maj...
submitted by About on 6th Oct 2009 (via cellphones.about.com)

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