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Sprint Completes Virgin Mobile USA Acquisition
Softpedia News Telecoms Nov 25 09Sprint Nextel Corporation announced on Tuesday that it had managed to complete the acquisition of Virgin Mobile USA, Inc., a deal announced several weeks ago. According to the company, the purchase of Virgin Mobile USA is expected to offer Sprint the possibility to strengthen its position in the prepaid segment through putting together the Virgin Mobile brand with its Boost Mobile business. “With continued growth in the U.S. prepaid segment, Sprint is further positioning itself as a leader,” Dan Hesse, Sprint CEO, said. “With Boost’s continued success and the iconic Virgin Mobile brand under one umbrella, Sprint will offer customers value and flexibility with great devices running on a dependable network with great coverage. Full story...
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