Sprint’s Virgin Mobile Decides to Hold Off on Throttling Heavy Users

A plan to limit data speeds for heavy users was set to go into effect in October, but now won’t start until sometime in 2012.
simpsons throttle

Sprint’s Virgin Mobile Brand Taking on T-Mobile, AT&T in New Ads

Virgin, one of Sprint’s two prepaid brands, is looking to take on T-Mobile in an effort to be perceived as the value leader.
virgin_ad

Big Apple

Sprint Nextel Silences iPCS

Wireless company iPCS is a legal thorn in Sprint’s side no longer. This morning, Sprint said it would acquire its litigious affiliate for $831 million, including the assumption of $405 million of net debt.
acquisitions

Virgin Mobile: It's Not (Just) the Economy Driving Prepaid

Virgin Mobile’s chief executive sounded an upbeat note on the prepaid wireless market, as the carrier shed net subscribers but posted a bigger profit. Prepaid services have gained traction with consumers as a potentially lower-cost alternative to traditional monthly cellphone plans.

Virgin Mobile Q2 Sub Losses Not as Bad as Forecast

Virgin Mobile (VM) posted Q2 revenue this afternoon of $317.4 million and profits of 7 cents a share, better than the Street consensus of $314 million and 2 cents. The company posted net service revenue of $291.4 million, in line with its forecast of $285 million to $295 million.