Sprint Nextel prepaid brand Boost Mobile launched an Android-based mobile wallet service powered by Wipit that will let consumers load cash to their wallet, pay their bills, top-up their account, transfer funds and send money to other countries. In addition, customers will get a reloadable Visa prepaid card that is linked to their mobile wallet account.
Less than a year after switching on its LTE network, Sprint Nextel announced it will offer LTE services through its prepaid brands: Virgin Mobile USA and Boost Mobile. The action dramatically lowers the cost of Sprint's LTE service and could put pressure on Sprint's larger rivals AT&T Mobility and Verizon Wireless, neither of which offers prepaid LTE service.
Verizon Wireless effectively cut the price of its high-end prepaid smartphone plan from $80 to $70, bringing its prepaid pricing closer to rival AT&T Mobility. However, Verizon's prepaid services are still much more expensive than those from many traditional prepaid and flat-rate players.
Sprint Nextel will launch its own branded prepaid service later this month, according to the blog Android Police . The move would add another layer to Sprint's multi-pronged prepaid strategy.
Starting in January, Sprint Nextel's Boost Mobile prepaid brand will begin throttling customers' data speeds if they use more than 2.5 GB per month. The change mirrors one that Sprint put in place this year for its Virgin Mobile prepaid unit.
Sprint Nextel's Virgin Mobile and Boost Mobile brands will launch the carrier's first prepaid LTE smartphones in the first quarter of 2013, according to various blog and Twitter postings.
The likes of MetroPCS and Sprint Nextel prepaid brands Boost Mobile and Virgin Mobile outhustled Tier 1 carriers in signing up prepaid smartphone customers in the third quarter, according to a new report from research firm NPD Group.
Sprint Nextel is gearing up to have its Virgin Mobile brand follow Cricket provider Leap Wireless as the second U.S. prepaid carrier to offer Apple's iPhone, according to a report in the Wall Street Journal .
Sprint Nextel's Boost Mobile brand is stepping up its marketing of its new 4G products, Sprint's first prepaid phone using Clearwire's mobile WiMAX network.
Cricket provider Leap Wireless ( NASDAQ:LEAP ) said it committed $900 million over three years to sell Apple's ( NASDAQ:AAPL ) iPhone. However, the company, the first U.S. prepaid carrier to sell the