Virgin Mobile USA's second quarter profit jumped despite continued subscriber losses and lower revenues. The prepaid MVNO, which Sprint Nextel is set to acquire for $483 million, had net income of
Sprint Nextel CEO Dan Hesse said that the company's Boost Mobile prepaid unit is not cannibalizing its postpaid operations. In an interview with the Associated Press, Hesse noted that only "a low
MetroPCS reported a 48 percent drop in net income in the quarter, and the flat-rate carrier's net subscriber additions plunged while churn rose substantially. Metro's earnings and revenue both missed
Leap Wireless is adding more features to its unlimited prepaid plans, action that comes on the heels of major price cuts from Leap rivals MetroPCS and TracFone. Leap said it would add unlimited Web
The head of Sprint Nextel's prepaid unit, Boost Mobile, said the carrier won't get pulled into a prepaid price war in the wake of rival MetroPCS' decision to cut the price of its unlimited plan.
The prepaid wireless market has turned into a game of limbo: How low can it go? MetroPCS today lowered the price of its monthly unlimited plan to $40 for limitless voice, texting and Web access. The
Sprint Nextel continued to lose postpaid subscribers in the second quarter, and posted a wider net loss. However, the company had significant prepaid subscriber additions and continued to generate
TracFone Wireless' Straight Talk $45 per month prepaid plan is gaining traction in Atlanta, according to Pali Research analyst Walter Piecyk. The plan, which was quietly unveiled a few weeks ago,
The price war among the unlimited prepaid carriers intensified last week when TracFone Wireless undercut its competitors by introducing a new prepaid, flat-rate calling and texting plan called
Taking aim at rival MetroPCS, a Boost Mobile executive called MetroPCS' recently introduced international unlimited calling plan "impossible" and urged customers to take a look at the fine print.