WARREN, N.J.-Virgin Mobile USA L.L.C. said it has surpassed the 3-million subscriber mark two-and-a-half years after launching its youth-oriented prepaid mobile virtual network operator service using Sprint PCS' wireless network. The MVNO was originally launched in July 2002 as a joint venture between United...
Mobile virtual network operator Virgin Mobile USA L.L.C. is reportedly edging closer to an initial public offering that is expected to take place before the end of the year.A Reuters report, citing sources familiar with the situation, said the MVNO, which is currently controlled...
In addition to strengthening its position as the nation's third-largest wireless operator, Sprint Corp.'s planned merger with Nextel Communications Inc. will bring together the industry's two most aggressive targeters of young subscribers. Sprint, through its Virgin Mobile USA L.L.C. mobile virtual network operator partnership...
More than a year after announcing plans to sell off or find a partner for its wireless division, Qwest Communications International Inc. last week reported a deal with Sprint PCS that calls for Qwest to transition its nearly 1 million wireless subscribers to Sprint...
The U.S. 2nd Circuit Court of Appeals ruled that U.K.-based Virgin Group Ltd.'s trademark covers its wireless phone service, and the company can seek an order to stop U.S.-based Virgin Wireless from selling phones at mall kiosks and stores.The appeals court ruling overturned a...
WARREN, N.J.-Virgin Mobile USA L.L.C. unveiled its long-awaited plans to launch its mobile virtual network operator service this summer. The company, which is a joint venture between U.K.-based Virgin Group and U.S. wireless operator Sprint PCS, said it will offer prepaid service targeted to...
OVERLAND PARK, Kan.—Sprint PCS and the Virgin Group reported they would each have an equal interest and mutual governance roles in their Virgin Mobile USA mobile virtual network operator joint venture that is expected to launch this summer. Sprint PCS said it would fund...
Nearly six months after United Kingdom-based Virgin Group and Sprint PCS announced they formed Virgin Mobile USA, the U.S. wireless industry continues to wait for the launch of the highly touted mobile virtual network operator venture.But, since the announcement last October, there has been...
1. Jan. 29Re-auction brings in record $17B to FCCAfter 101 rounds and $16.85 billion, the Federal Communications Commission's auction of 422 personal communications services licenses ended last Friday. The auction, which began Dec. 12, broke the previous record of $9.2 billion for PCS spectrum...
LONDON—The mobile virtual network operator (MVNO) business model has arrived in the United States.Sprint and Sir Richard Branson's Virgin Group officially announced their teaming, a saga that has been in the works for several years. Virgin Mobile USA will offer its popular pay-as-you-go wireless...
OXFORD, United Kingdom-Carrefour, the giant French hypermarket firm, has appointed KPMG to advise it on plans to become a mobile virtual network operator. The company is reported to have approached the three mobile operators in France and was said to have conducted in-depth discussions...
As the Virgin Mobile rumor factory continues to pump out news stories, Sprint PCS finally brought some substance to the situation. The wireless carrier issued a brief, two-sentence release confirming that the two companies were in discussions, but that no definitive agreement had been...
DENVER, United States-One of the world's most savvy and chic brand names is coming to the U.S. mobile-phone market next year.Virtual network operator (VNO) Virgin Mobile USA said it plans to ink an agreement with a carrier here and offer nationwide service by the...
SINGAPORE-What do you do when you have loads of cash? You go shopping.That is precisely what Singapore Telecom has done. Flushed with cash reserves of some S$6.3 billion (US$3.7 billion), the phone operator has been on an aggressive expansion trail outside Singapore during the...
One of the world's most savvy and chic brand names is coming to the U.S. mobile-phone market next year.Virtual network operator Virgin Mobile USA said it plans to ink an agreement with a carrier in the United States and offer nationwide service by the...
