BNET Industries

Virgin Mobile USA

(VM) is in the Technology Industry

Market Cap:$345.5M

Last Fiscal Year Sales:$1.3B

Public
US

Dow Jones Description

Virgin Mobile USA, Inc., through its operating company Virgin Mobile USA, L.P., offers more than five million customers control, flexibility and choice through Virgin Mobile's Plans Without Annual Contracts and postpaid offerings through Helio By Virgin Mobile, with national coverage for both powered by the Sprint PCS network. Virgin Mobile USA is known for its award-winning customer service, was recently rated the best prepaid wireless service for the third year in a row in the Annual PC Magazine Readers' Choice Survey, with 90% of its own customers reporting satisfaction with its service. Virgin Mobile USA allows customers to earn free minutes in exchange for viewing advertising content online through the innovative Sugar Mama program. Virgin Mobile USA's full slate of smart, stylish and affordable handsets are available at approximately 40,000 top retailers nationwide and online at www.virginmobileusa.com, with Top-Up cards available at more than 140,000 locations.

Number of Employees 465

Contact Information

10 Independence Boulevard

Warren, New Jersey 07059

www.virginmobil...

(908) 607-4000

Peer Companies

NAICS Code Cellular and Other Wireless Telecommunications: 517212

Company News

Recent Events

Moodys downgrades Sprint credit rating

11/20/09 - Merger / Acquisition - View Story
Sprint Nextel shares jump on analyst upgrade

11/16/09 - Merger / Acquisition - View Story
Virgin Mobile Expands Distribution for Broadband2Go

11/13/09 - Merger / Acquisition - View Story
Sprint's iPCS Buy Means More Customers, Fewer Legal Headaches

10/19/09 - Merger / Acquisition - View Story
Will Fewer Wireless Carriers Mean Fewer Price Cuts?

9/19/09 - Merger / Acquisition - View Story
Sprint CEO: Sees Consolidation Harder Under Obama Administration

9/17/09 - Merger / Acquisition - View Story
iPCS subsidiaries file suit against Sprint over Virgin deal

9/14/09 - Merger / Acquisition - View Story
iPCS Affiliates File Suit against Sprint Nextel over Virgin Mobile Transaction

9/14/09 - Merger / Acquisition - View Story
come out ith it sooooooon cuz i need a new VM...

9/13/09 - Financial Announcement - View Story
Mystery Company Tried to Buy Virgin Mobile USA

9/04/09 - Bond / Stock Rating - View Story
The Rumors Are True -- Virgin Mobile USA and LG Mobile Phones

9/01/09 - Product Announcement - View Story
iPCS Files Complaint Against Sprint

9/15/09 - Merger / Acquisition - View Story
FTC OK with Sprint Buy of Virgin Mobile

8/25/09 - Financial Announcement - View Story
Sprint Nextel Reportedly Receives FTC Clearance To Buy Virgin Mobile

8/25/09 - Merger / Acquisition - View Story
Merger News Edition: Sprint Sprints Forward With Virgin Mobile Buy

8/25/09 - Merger / Acquisition - View Story
Sprint-Virgin Mobile merger passes antitrust test

8/25/09 - Merger / Acquisition - View Story
Millicom Takes Aim At Africa

8/28/09 - Merger / Acquisition - View Story
Sprint to acquire Virgin Mobile USA

7/28/09 - Merger / Acquisition - View Story

News & Analysis

virgin mobile usa - All News and Analysis

Virgin Mobile Boosts Profits With High-End Phones

BNET - 2009-08-10

Virgin Mobile USA, which recently agreed to be acquired by Sprint 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...

Tags: phone, Virgin Mobile
Sprint buys Virgin Mobile USA

Strategy Eye - 2009-07-27

US mobile operator Sprint Nextel is buying much smaller rival Virgin Mobile USA in a deal that values the company at USD483m. Sprint already owns a 13.1% stake in the firm and hopes to complete the buyout by the end of the year. ...

Tags: Virgin Mobile, Virgin Mobile USA, Sprint Communications, Boost Mobile, Branding, Marketing, Jasper Jackson, Sprint Nextel Corp.
Crzy 4 Txting? Virgin Mobile USA's New X-tc From Kyocera Wireless Hits Stores in April

- 2009-03-13

Messaging on your cell phone will be getting a lot more exciting with the launch of Virgin Mobile USA 's (NYSE: VM) X-tc from Kyocera Wireless. The phone is equipped with a sleek, slide-out QWERTY keypad that's perfect for text fiends and fans. The answer to all...

Tags: Kyocera Wireless Corp., Virgin Mobile, Virgin Mobile USA
UPDATE: Crzy 4 Txting? Virgin Mobile USA's New X-tc From Kyocera Wireless Hits Stores in April

- 2009-03-13

Messaging on your cell phone will be getting a lot more exciting with the launch of Virgin Mobile USA 's (NYSE: VM) X-tc from Kyocera Wireless. The phone is equipped with a sleek, slide-out QWERTY keypad that's perfect for text fiends and fans. The answer to all...

Tags: Kyocera Wireless Corp., Virgin Mobile, Virgin Mobile USA
Virgin Mobile USA to Debut Britney Spears' New Music Video

- 2009-03-10

Virgin Mobile USA (NYSE: VM), a leading provider of both prepaid and postpaid wireless services and title sponsor of "Virgin Mobile Presents The Circus Starring Britney Spears," today announced its presenting sponsorship of Britney Spears' next video off the "Circus" album, "If U Seek Amy," to premiere on March 12th...

Tags: JIVE Label Group, Virgin Mobile, Virgin Mobile USA

Virgin Mobile USA, Inc. to Present at Raymond James Institutional Investor Conference

- 2009-03-06

John Feehan, Chief Financial Officer of Virgin Mobile USA, Inc. (NYSE: VM), will present at the Raymond James Institutional Investor Conference at the JW Marriott Grande Lakes, Orlando, Florida on Wednesday, March 11, 2009 at approximately 7:30 a.m. EST. Investors may listen to the investor conference webcast by logging onto...

Tags: Virgin Mobile, Virgin Mobile USA
Virgin Mobile USA Moves to "Take Advantage" of Britney Spears Tour Sponsorship With New Branding Campaign

- 2009-03-04

As the economy continues to motivate consumers to rethink their wireless spending, Virgin Mobile USA is encouraging value-seekers to "Take Advantage" of its quality and flexibility through a new integrated branding campaign, "Take Advantage of Virgin Mobile." The new initiative, developed by NYC advertising agency Toy NY...

Tags: Virgin Mobile, Virgin Mobile USA
Virgin Mobile USA Reports $115 Million in Adjusted EBITDA Excluding Transition and Restructuring Costs(1) for the Full Year 2008

- 2009-03-03

Virgin Mobile USA, Inc. (NYSE: VM), a leading national provider of wireless communications services, today reported its financial and operational results for the fourth quarter and full year ended December 31, 2008. Full year 2008 highlights(2): -- End of period subscribers of 5.4 million, up 6% year...

Tags: L.P., Virgin Mobile, Virgin Mobile USA
Local.com Reports Fourth Quarter, Full Year 2008 Financial Results and 2009 Outlook

- 2009-02-19

IRVINE, Calif. -- Local.com Corporation (NASDAQ: LOCM), a leading local search site and network, today reported its financial results for the fourth quarter 2008 and the full year ended December 31, 2008 and provided the company's 2009 outlook. "We are pleased to report fourth quarter results in line with...

Tags: Virgin Mobile USA
Virgin Mobile USA, Inc. to Present at Thomas Weisel Partners Technology & Telecom Conference 2009

- 2009-02-06

John Feehan, Chief Financial Officer of Virgin Mobile USA, Inc. (NYSE: VM), is scheduled to present at the Thomas Weisel Partners Technology & Telecom Conference at the Fairmont Hotel in San Francisco on Tuesday, February 10, 2009, at approximately 9:10 a.m. PST. Investors may listen to the conference webcast by...

Tags: Virgin Mobile, Virgin Mobile USA