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A definitive agreement was reached today when the board of directors of Sprint Nextel and Virgin Mobile USA agreed to Sprint purchasing Virgin Mobile for $483 million.  Virgin Mobile is perhaps best known for their prepaid phone sales and Sprint plans to use Virgin Mobile to improve their standings in… Continue Reading »

Virgin Mobile has joined the likes of Boost Mobile and has announced a $50 unlimited calling plan.  The new Virgin Mobile plan will offer customers unlimited minutes with no roaming charges for just $49.99-a-month, but they have also included a little bonus in what they are calling “Pink Slip Protection.”… Continue Reading »

The follow up to the Helio Ocean, appropriately dubbed the Ocean 2, has already graced the FCC, and has even been leaked in a live action video. Of course, the video was quickly pulled down, but it remained as an (above) image. However, after Virgin Mobile USA purchased Helio, that… Continue Reading »

Virgin Mobile USA has announced the completion of the Helio acquisition. The deal, which was officially announced back towards the end of June was completed for the expected $39 million and has removed ownership from SK Telecom and Earthlink. The $39 million payment for the acquisition was not in cash,… Continue Reading »

It looks like the rumors have come true, Virgin Mobile has officially announced plans to acquire Helio. The deal is still pending approval, however it is expected to close during Q3 2008. The deal is not going to be a cash deal though, instead Virgin Mobile is taking Helio from… Continue Reading »