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Virgin Mobile USA has 216K net adds in Q4

Virgin Mobile USA posted preliminary fourth quarter subscriber numbers, with 216,000 net additions in the quarter, up slightly from the year-ago period.

Subscribers: In addition to the net additions, Virgin Mobile reported that it ended 2008 with 5.38 million total subscribers, compared to 5.1 million at the end of 2007. The company said it had more than 3.3. million gross additions during the year.

Churn: The prepaid MVNO said churn for the fourth quarter was 4.8 percent, down from 5.5 percent in the third quarter of 2008 and 5.1 percent in the year-ago period.

For more:
- see this article

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