In an effort to make ebook gift-giving more spontaneous and fun, Los Angeles-based startup Livrada is partnering with Target to sell gift cards for bestselling ebook titles like “50 Shades of Grey” and “Gone Girl” in the chain’s 1,771 stores nationwide.
Sprint (NYSE: S) and Motorola (NYSE: MMI) told the mobile industry Thursday that they are close friends once again, sealing their “reinvigor…
In a bid to grab new customers, Sprint’s Virgin Mobile USA is now offering prepaid unlimited mobile broadband service for $40 per month with no contract. That compares to Verizon’s new prepaid plan at twice the price with a 5 GB limit over 30 days.
Sprint today announced aggressively priced, prepaid plans for the Virgin Mobile USA brand it purchased last year. With more new prepaid customers than new postpaid customers in the last quarter of 2009, Sprint is trying to ensure that it reaps the benefit of the prepaid movement.
The cutthroat prepaid market will get even more competitive this weekend when Wal-Mart begins offering no-contract plans at bargain-basement rates. The planet’s largest retailer said it will roll out TracFone Wireless’ Straight Talk, which offers a $30-a-month plan as well as a $45 monthly rate that includes unlimited text messaging and mobile web access. Read More about Wal-Mart Crashes the Prepaid Party
Sprint’s (s s) $483 million purchase of prepaid phone services giant, Virgin USA, has been approved by the Federal Trade Commission (FTC). The deal still needs some minor clearances from the Federal Communications Commission. The megamillion-dollar purchase highlights the importance of the prepaid and budget segments of the U.S. cell phone industry, especially in light of the recent economic downturn.
Virgin Mobile USA (s VM), which recently agreed to be acquired by Sprint (s S) for $483 million in stock, said today its sales for the second quarter were largely unchanged from the same period a year ago, at $290 million. However, its profits nearly quadrupled, to $21.8 million from $5.5 million in the second quarter of 2008. The company’s fortunes rose along with its hybrid cell phone plans, aka its monthly service plans, whose subscribers generate 15 times the value of pay-per-minute customers, according to Virgin CEO Dan Schulman. Read More about Virgin Mobile Boosts Profits With High-End Phones
Virgin Mobile USA (NYSE: VM) today announced that they will be acquiring Los Angeles-based Helio, a competitor backed by SK Telecom (NYSE: S…
As we have been reporting since the start of these talks, Virgin Mobile (NYSE: VM) has announced the acquisition of troubled MVNO Helio. The…
A slew of rumors about Helio and Virgin Mobile (NYSE: VM) are emerging this afternoon … none of these seem to be vetted for truthfulness,…
