Browsing All posts tagged under »Virgin«

Sprint buys Virgin Mobile

July 28, 2009


Sprint Nextel Corporation and Virgin Mobile USA, Inc., announced Tuesday morning that their boards of directors have approved a definitive agreement for Sprint to acquire Virgin Mobile USA for approximately $483 million. This acquisition will strengthen Sprint’s position in the growing prepaid segment by bringing together under one umbrella: Virgin Mobile and Boost Mobile. “The acquisition of Virgin […]