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Branson’s Next Mobile Act: An Investment In Mobile Payments Startup Square

Nov 8, 2011 10:47 AM

Richard Branson is no stranger to investing in mobile media: among his more notable moves have been establishing *Virgin Mobile* years ago, and more recently moving into iPad publishing with Project magazine. Today comes news of his latest foray into the wireless world: an investment in the mobile payments startup…

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Posted In: E-Commerce, Travel, Mobile, Money, M&A & Venture Capital, Venture Capital, Companies, Apple, iPad, iPhone, Google, Android, Virgin, Virgin Mobile, jack dorsey, richard branson, square

Industry Moves
Update: Everything Everywhere: Tom Alexander Out, Olaf Swantee In As CEO

Jul 18, 2011 7:06 AM

All change in the UK mobile world: Tom Alexander, the CEO of Everything Everywhere—the mobile operator JV between France Telecom’s Orange and Deutsche Telekom’s T-Mobile—has resigned and is getting replaced by Olaf Swantee, a longtime France Telecom (NYSE: FTE) operative.

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Posted In: Industry Moves, Mobile, Companies, France Telecom, Orange, O2, T-Mobile, Virgin, Virgin Mobile, Vodafone, Countries, Europe, UK, France, olaf swantee, tom alexander

More Consolidation In Mobile Content: Livewire Buys Fonestarz

Dec 17, 2010 8:48 AM

More consolidation among mobile content players: LiveWire Mobile, a U.S.-based company that sells music and related content like ringback tones, has bought Fonestarz, a UK-based concern that specialises in wallpapers, ringtones and phone enhancements that it sells through its digital storefront, in an all-cash deal. Other financial terms were not…

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Posted In: Legal, Regulatory, EC, Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, Events, CES, Companies, Disney, Sprint, Virgin, Virgin Mobile, Vodafone, Countries, Europe, UK, fonestarz, livewire mobile

Virgin Media, PushLife Offer iTunes Syncing On Android+RIM, But Not iPhones

Dec 10, 2010 5:46 AM

Virgin Media has yet to go commercial on an all-you-can-eat music service it announced way back in June 2009, but it is still forging ahead with a separate strategy to sell music via mobile. Monday will see the launch of a new free app, which the quad-play provider created with…

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Posted In: Apps, Entertainment, Music, Mobile, Companies, Apple, iPhone, iTunes, Google, Android, News Corp., BSkyB, RIM, BlackBerry, Virgin, Virgin Media, Virgin Mobile, Countries, Europe, Russia, UK, Canada, android, blackberry, bskyb, pushlife, virgin media

Mobile Bits: Windows 7 Phones; Docomo LTE; Carphone’s ‘99p Mobile’

Nov 8, 2010 8:41 AM

—Windows Phone 7: Devices built on Microsoft’s latest mobile platform finally go on sale in the U.S. First models out the door, as listed on Microsoft’s own storefront, include HTC’s HD7 on the T-Mobile network; and the HTC Surround and the Samsung Focus, both on AT&T (NYSE: T). All devices…

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Posted In: Mobile, Companies, AT&T, Carphone Warehouse, DoCoMo, HTC, Microsoft, Windows Phone, T-Mobile, Virgin, Virgin Mobile, Countries, Asia, Japan, Europe, UK

Sprint Fails To Wow Investors Despite Some Gains

Oct 27, 2010 12:17 PM

Sprint (NYSE: S) had good things to say about in the third quarter: It added more subscribers than it had since 2006, and reported its first quarterly revenue increase in three years. But its loss widened, and was greater than analysts had projected, leading to its shares tumbling in early…

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Posted In: Mobile, Technologies / Formats, 4G, Companies, Clearwire, HTC, Samsung, Sprint, Nextel, Virgin, Virgin Mobile

Industry Moves
AmEx Snags Two More Execs From Sprint Nextel For Big Mobile Payments Push

Oct 26, 2010 7:18 PM

In an effort to beef up its alternative payments efforts, American Express has picked up two additional Sprint (NYSE: S) Nextel executives. The two executives will join the company’s Revolution Money unit, which is looking to create an online and mobile payments network. The hires follow the appointment of Dan…

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Posted In: Industry Moves, Mobile, Money, Companies, Amazon, Apple, Facebook, Google, Nokia, Sprint, Nextel, Twitter, Virgin, Virgin Mobile, Zynga, american express, david messenger, peter lurie

Verizon Wireless Offers Very First Prepaid Smartphone Data Plans

Sep 2, 2010 2:30 PM

As if a sign of the times, Verizon Wireless is offering data to smartphone users who prefer to pay by the month and not commit to a long-term contracts for the very first time. However, the service is neither discounted, nor more expensive than what you get if you did…

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Posted In: Mobile, Companies, Google, Android, RIM, BlackBerry, Verizon, Virgin, Virgin Mobile

Clearwire Confirms New ‘Pay As You Go’ Service Is Coming

Aug 27, 2010 12:42 PM

Clearwire (NSDQ: CLWR) will be unveiling a new “pay as you go” service on Monday in a webcast for media and industry analysts, according to a document filed with the SEC today. Clearwire initially announced the webcast on Wednesday to disclose a new customer segment, but stopped short of saying…

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Posted In: Mobile, Technologies / Formats, 3G, 4G, Broadband, Companies, Clearwire, Sprint, Verizon, Virgin, Virgin Mobile

Industry Moves
Three Of Sprint’s Prepaid Execs Exit; Schulman Hired By American Express

Jul 27, 2010 4:32 PM

A year after Sprint (NYSE: S) paid $480 million to buy Virgin Mobile USA, the carrier is seeing a trio of executive departures. Dan Schulman, Sprint’s president of prepaid, announced last week that he was leaving to join American Express as group president of enterprise growth. We have also learned…

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Posted In: Industry Moves, Companies, Sprint, Virgin, Virgin Mobile, dan schulman, david messenger, peter lurie

Is The End Of All-You-Can Eat Data Plans Coming?

Jun 2, 2010 7:31 PM

AT&T’s change in data plan prices today may mark the beginning of the end for unlimited data plans. Quite literally, the U.S. might be at a crossroads where demand is reaching supply, and people will have to pay up or simply cut back on their usage to remedy the problem.…

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Posted In: Mobile, Technologies / Formats, 3G, 4G, Companies, Apple, iPad, iPhone, AT&T, Sprint, T-Mobile, Verizon, Virgin, Virgin Mobile

Sprint Launches A $25 Voice And Data Plan That Even Kids Can Afford

May 6, 2010 1:20 PM

Sprint (NYSE: S) is relaunching its prepaid business today, following the acquisition of Virgin Mobile USA, and now is offering what must one of the most generous and lowest-priced data and voice plans in the industry. The new offers are called “Beyond Talk,” which stresses texting and data over calling…

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Posted In: Companies, Sprint, Virgin, Virgin Mobile

Is Sprint Eyeing More Acquisitions To Become The Prepaid Leader?

Feb 8, 2010 8:56 PM

Sprint (NYSE: S) Nextel, which already owns the Boost and Virgin Mobile USA (NYSE: VM) brands, maybe mulling whether to buy MetroPCS Communications so that it can dominate the prepaid wireless space. The idea was floated by Greg Miller, an analyst for Collins Stewart in a note he wrote to…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Sprint, Virgin, Virgin Mobile

Sprint Faces Challenges In Wake Of Closing Virgin Mobile USA Acquisition

Nov 24, 2009 4:20 PM

Sprint (NYSE: S) Nextel has closed the $483 million acquisition of Virgin Mobile USA (NYSE: VM), after shareholders voted in favor of the deal today. But now comes the hard part. Analysts see the company’s struggling with two challenges: competing with the other low-end service providers that have continually dropped…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Sprint, Virgin, Virgin Mobile

Virgin Mobile France Buying Tele2 France, Adds 385k Customers

Oct 16, 2009 4:57 AM

Carphone Warehouse-controlled Virgin Mobile (NYSE: VM) France announced on Friday it had entered an agreement to buy Tele2 Mobile France from Swedish telco Tele2 for €56 million ($83.6 million; £51.4 million), giving it 385,000 extra customers. VMF, a JV which is 48.5 percent owned by Carphone and operated by Omer…

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Posted In: Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Carphone Warehouse, Virgin, Virgin Mobile, Countries, Europe, France

Reports: Interest In U.S. Wireless Consolidation Is High, But Players And Timing Are Unknown

Sep 15, 2009 1:55 PM

After reports surfaced this weekend that Deutsche Telekom (NYSE: DT) might be interested in merging its struggling U.S. wireless unit with Sprint (NYSE: S), more details are emerging that puts into question when such a deal might take place, or whether Sprint is really the best candidate. The Financial Times…

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Posted In: Legal, Regulatory, Money, M&A & Venture Capital, Mergers & Acquisitions, Technologies / Formats, 3G, 4G, Companies, AT&T, Sprint, T-Mobile, Verizon, Virgin, Virgin Mobile, Vodafone

Documents Reveal Mystery Bidder For Virgin Mobile USA During Eight Month Sale Process

Sep 4, 2009 5:10 PM

A document filed with the SEC provides explicit details of the eight-month long sale of Virgin Mobile USA (NYSE: VM) to Sprint (NYSE: S) Nextel. The day-to-day account reveals that Virgin Mobile was able to increase the sale price through negotiations with more than one bidder, however, it failed to…

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Posted In: Mobile, Companies, Sprint, Virgin, Virgin Mobile

Virgin Mobile USA Sues Ultramercial Over Failing To Hand Over Mobile Advertising Revenues

Aug 12, 2009 8:36 PM

Virgin Mobile USA (NYSE: VM) has sued Ultramercial over its Sugar Mama service, which allowed users to earn free voice minutes by watching commercials. Two weeks ago, we reported that a lawsuit was likely, but further details were unavailable at the time. The next day, Sprint announced it would buy…

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Posted In: Advertising, Legal, Mobile, Money, Companies, Virgin, Virgin Mobile

Earnings
Earnings: Virgin Mobile USA Puts Higher-Value Customers Before Sign-Ups

Aug 10, 2009 7:20 AM

Virgin Mobile USA (NYSE: VM) Q2 profit jumped 296 percent from last year to $21.8 million, as premium handset sales grew strongly. Sales of phones priced over $50 jumped to 25 percent of sales from 15 percent in the previous quarter. Virgin Mobile says they come with “higher data usage,…

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Posted In: Money, Earnings, Companies, Virgin, Virgin Mobile, audioboo

Consumers Not Carriers Benefiting From Prepaid Price Wars

Aug 7, 2009 12:26 PM

As the price of prepaid continues to come down, operators are starting to feel the burden, but not consumers who appear to be jumping from one provider to the next to get some of the cheapest wireless deals in history. Overall, the discount operators are struggling, mostly because they are…

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Posted In: Companies, Sprint, Virgin, Virgin Mobile

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