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Pre-Paid Price Wars Call For Consolidation; Who’s Next?

Jul 6, 2009 5:06 PM

The recent introduction of a $45 unlimited calling and texting plan by Tracfone Wireless has kicked off another round of price wars in the wireless industry, which may lead to consolidation in the pre-paid market, Dow Jones Newswires reports. In recent months, pre-paid offerings have gotten more popular as they…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Helio, SprintNextel, Verizon, Virgin, Virgin Mobile

GetJar To Provide Virgin Mobile France’s Upcoming App Store With Free Applications

Jun 15, 2009 11:20 AM

GetJar, the independent mobile app store, has struck a deal with *Virgin Mobile* France, to provide the French carrier’s new mobile app store to launch on Wednesday with its entire selection of free applications, some 45,000 in total. The deal is the second for Getjar this month. Earlier in June,…

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Posted In: Entertainment, Companies, 3 UK, Apple, Sony, Sony Ericsson, Virgin, Virgin Mobile, Vodafone

Bill Seeks To Put Five-Year Moratorium On New Cell Phone Taxes

Jun 10, 2009 5:35 PM

U.S. lawmakers are considering passing legislation that would impose a five-year moratorium on new state and local taxes for cell phones, just in time to prohibit governments from leveraging increasingly popular wireless services—like data and internet—to be a potential revenue source in this economic downturn. Dow Jones reports that taxes…

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Posted In: Legal, Regulatory, Money, Companies, SprintNextel, Virgin, Virgin Mobile

Virgin Mobile USA Rolls Out No-Contract Data Offering For Laptops

Jun 10, 2009 11:01 AM

Virgin Mobile USA (NYSE: VM) is rolling out a pre-paid offering for the broadband data market, turning the conventional practice of signing up for a two-year broadband data contract on its head. Virgin said the service, called Broadband2Go, won’t require an annual contract, a monthly subscription or an activation fee.…

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Posted In: Companies, SprintNextel, Virgin, Virgin Mobile

Verizon Wireless Expects To Beat Its Own Profit Margin Goals

May 19, 2009 7:02 PM

Verizon Communications (NYSE: VZ) provided a very bullish outlook on the company’s financial position of its wireless unit today, by saying that it will likely beat its own estimates of achieving 43 percent to 45 percent profit margins, Reuters reports. The company’s CFO John Killian said today that unless there…

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Posted In: Companies, Alltel, RIM, SprintNextel, Verizon, Virgin, Virgin Mobile, Vodafone

Virgin Mobile USA’s CEO Says Over Half The Population Is Considering Prepaid

May 11, 2009 1:07 PM

Virgin Mobile (NYSE: VM) USA’s CEO Dan Schulman (pictured, right) has a front row seat to the latest trend in the wireless industry—a move by the mass market to adopt aggressively priced prepaid unlimited offers.  Schulman said prepaid interest has heightened recently as prices have fallen and perceptions have changed…

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Posted In: Companies, AT&T, Helio, SprintNextel, T-Mobile, Verizon, Virgin, Virgin Mobile

Bell Canada Acquires Virgin Mobile Canada As Pricing Pressures Mount

May 7, 2009 12:36 PM

Bell Canada has acquired Virgin Mobile (NYSE: VM) Canada in the hopes of driving wireless-customer growth and competing more effectively with other discount providers. Bell Canada, which already owned half of Virgin Mobile Canada, paid $142 million for the remaining stake, reports the Financial Post. In a conference call discussing…

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Posted In: Money, Earnings, M&A & Venture Capital, Mergers & Acquisitions, Companies, Virgin, Virgin Mobile, Countries, Canada

Earnings: Virgin Mobile UK Contract Customers Surge On Cross-Selling

May 5, 2009 7:58 AM

*Virgin Media*, Britain’s second largest pay-television company, and owners of *Virgin Mobile UK*, its MVNO service, reported first quarter earnings today. Mobile revenue in the quarter fell 3 percent to £135.3 million ($205 million) from £139.5 million ($211 million) a year ago, as low value prepay subscribers left the company,…

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Posted In: Money, Earnings, Companies, Virgin, Virgin Mobile, Countries, Europe, UK

South Korea’s SK Telecom Looking To US And China For New Investments

Apr 9, 2009 6:16 AM

SK Telecom (NYSE: SKM), South Korea’s dominant mobile carrier, is on the look out for new business, with $2.2 billion at its disposal over the next five years to find and invest in them, Reuters reports. With its home market saturated, and with the telco facing stagnate revenue growth, SK…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Helio, SK Telecom, Virgin, Virgin Mobile, Countries, Asia, Korea, China

Virgin Mobile Cuts Price Of Unlimited Plan To $50; Does Not Include Data

Apr 9, 2009 5:04 AM

Virgin Mobile (NYSE: VM) has cut the price of its unlimited calling plan down to $50 from $80, joining the US’s second-tier carriers in a prepaid price war, reports AP. The new plan rolls out April 15, and according to Virgin spokesperson Jayne Wallace the move was “definitely a response…

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Posted In: Companies, Virgin, Virgin Mobile

@ CTIA: Opera Mobile Signs First U.S. Carrier Deal; What The Agreement Lacks

Apr 1, 2009 10:00 AM

As promised, Opera Software (OSL: OPERA) is announcing its first U.S. carrier deal this week at CTIA—too bad it’s with Virgin Mobile USA (NYSE: VM) and not one of the country’s four-largest providers. Not only is the agreement limited because it is with a carrier that doesn’t have a subscriber…

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Posted In: Technologies / Formats, Browsers, Companies, Virgin, Virgin Mobile, opera

Virgin Mobile To Target Younger Users With Touch-Screen Phone

Mar 18, 2009 5:23 PM

Virgin Mobile USA (NYSE: VM) CEO Dan Schulman said the MVNO plans to introduce touch-screen handsets into its line-up as part of a move into “smarter” phones, although didn’t give any details about the particular handsets or when they would be rolled out. He made the comments at the Dow…

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Posted In: Gadgets, Companies, Virgin, Virgin Mobile

Is T-Mobile USA Entering The $50-A-Month Voice Plan War?

Mar 3, 2009 8:09 PM

T-Mobile USA launched a trial in San Francisco two weeks ago that allowed customers to sign-up for unlimited voice for $50 a month, but now there’s evidence that it is quickly expanding the offer to more customers nationwide. Ironically, it was RCR Wireless News, which shut down today, that first…

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Posted In: Companies, Helio, SprintNextel, T-Mobile, Virgin, Virgin Mobile

Earnings: Virgin Mobile USA FY08 Net Income Up 88 Percent

Mar 3, 2009 6:59 PM

Virgin Mobile USA released its full year and fourth quarter earnings, showing some promising results for the second half of last year. Total operating revenue was up by 6.7 percent for 2008 compared to 2007, and net income increased by 88 percent to $7.95 million. The big news from Virgin…

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

Virgin Mobile’s Ocean 2 Is No Show-Stopper

Feb 3, 2009 12:48 PM

It doesn’t have a big screen, it’s not touch sensitive and it is even slow at times, but if it’s price you are concerned about, Helio’s Ocean 2, just unveiled by Virgin Mobile (NYSE: VM), may offer some relief. Yesterday, Virgin Mobile USA unveiled the second-generation Helio device, the first…

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Posted In: Entertainment, Gaming, Music, Media & Publishing, Search, Social Media, Video, Technologies / Formats, 3G, Browsers, GPS Navigation/Maps, Operating Systems, Companies, Helio, SprintNextel, Virgin, Virgin Mobile, ocean 2

Mobile Content Bits: Aussie Android Delayed; Virgin Mobile Ok’d By NYSE; Ustream Inauguration; Qik

Jan 16, 2009 7:43 PM

—Aussie Android delayed: Australian consumer electronics maker Kogan, which planned to release a Google Android phone on Jan. 29, has delayed its launch, saying the handset needed to be redesigned “to ensure its compatibility with all future Android applications,” reports TheAge.com. He declined to comment, citing a non-disclosure agreement he…

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Posted In: Entertainment, Media & Publishing, TV, Social Media, Video, Technologies / Formats, Operating Systems, Companies, Apple, Google, Nokia, Virgin, Virgin Mobile

Price Wars: Boost Mobile Unveils Unlimited Voice And Data Plan For $50

Jan 15, 2009 1:14 AM

Boost Mobile, the MVNO running on Sprint’s smaller Nextel network, is offering the most aggressive national unlimited plan yet—for $50, customers will get an unlimited voice, texting, Web access and push-to-talk services, AP reports. The kicker is that it is available without a contract. Other regional players such as MetroPCS…

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Posted In: Companies, Helio, SprintNextel, Virgin, Virgin Mobile, boost mobile

Virgin Mobile USA Says It Easily Beat Its Own Forecasts For Customers Added

Jan 7, 2009 10:39 AM

In the busy holiday quarter, Virgin Mobile USA (NYSE: VM) easily blew past its expectations for customer additions, saying it added a net 216,000 compared to its previously reported expectations of between 60,000 and 100,000. Virgin’s CEO Dan Schulman: “Our new offers have helped lead to strong customer growth and…

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

How The Big Mobile Stories Of 2008 Will Play Out In The New Year

Dec 29, 2008 7:00 AM

This year was somewhat an anomaly for the wireless industry. A lot of things got done: the impossible of mergers closed; new phones launched that hold the promise of significant industry change; new business and distribution models emerged; and higher-speed networks were more prevalent, making for a better user experience.…

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Posted In: Advertising, Entertainment, Gaming, Music, Media & Publishing, Social Media, Companies, Apple, AT&T, Clearwire, EMI, Google, Helio, Microsoft, Motorola, NBC Universal, Nokia, RIM, Sony, Sony Ericsson, SonyBMG, SprintNextel, T-Mobile, Virgin, Virgin Mobile, Vivendi, Universal Music Group, Countries

Sprint Will Pay Virgin Mobile USA More For Each Subscriber It Adds

Dec 24, 2008 2:50 PM

Virgin Mobile USA (NYSE: VM) will now get paid $4.50 for each subscriber it signs on to the Sprint Nextel network between July 1, 2008 and Dec. 31, 2009, reports the Kansas City Star, referencing a document filed with the SEC. Previously, Sprint paid Virgin $2.50 per subscriber, up to…

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Posted In: Companies, Helio, SprintNextel, Virgin, Virgin Mobile

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