who owned virgin mobile

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Sprint Nextel

Who owns Virgin Mobile phone?

Sprint Corporation
Virgin Mobile USA
Type Subsidiary
Products Wireless plan, Mobile phones
Services Inner Circle plan
Number of employees 500 (2009)
Parent Sprint Corporation

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Who is virgins parent company?

The parent company, Virgin Group Holdings Ltd, is registered in the British Virgin Islands. Richard Branson and his family hold a £2.7 billion stake in this offshore, tax-free, tax haven company.

Is Virgin Mobile owned by T-Mobile?

Sprint-owned Virgin Mobile USA shutting down as T-Mobile merger process continues. Sprint is shutting down its prepaid Virgin Mobile USA phone business and moving customers over to sister brand Boost Mobile. As part of the merger with T-Mobile, Sprint agreed to sell off its subsidiaries Virgin and Boost to Dish Network …Jan 8, 2020

What companies does Richard Branson still own?

Virgin Group is the umbrella company under which many of Richard Branson’s Virgin-branded ventures sit. The company has an interest in more than 60 businesses (including 49 that use the Virgin name), including commercial aviation, commercial spaceflight, radio, communications, a gym chain, and more.Apr 15, 2021

Is Virgin Mobile owned by Rogers?

Fido, Koodo, and Virgin Mobile are all sub-brands of these three major carriers. Rogers Wireless owns Fido, Telus mobility owns Koodo Mobile, and Bell Mobility owns Virgin Mobile.Nov 11, 2020

Why is Virgin Mobile closing down?

“In recent years, the market has changed considerably, and a combination of tough trading conditions, strong competition and the economic stress posed by Covid-19 means that it has been a challenging market for Virgin Mobile South Africa,” it said.Sep 3, 2021
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Who owns Virgin Mobile?

In 2009, Sprint Nextel bought out joint-venture partner Virgin Group, becoming the sole owner of Virgin Mobile USA. In June 2017, Virgin Mobile dropped all Android and began to only offer iPhones to new customers under its new “Inner Circle” unlimited plan.

When was Virgin Mobile founded?

Founded in 2001 as a joint venture between Virgin Group and Sprint Corporation, Virgin Mobile USA commenced operations in June 2002 as a mobile virtual network operator (MVNO), providing services via the Sprint 1900 MHz CDMA network. In 2009, Sprint Nextel bought out joint-venture partner Virgin Group, becoming the sole owner of Virgin Mobile USA.

When did Sprint acquire Virgin Mobile?

On July 28, 2009, Sprint Nextel Corporation agreed to acquire the outstanding shares of Virgin Mobile USA, Inc. in return for Sprint Nextel stock valued at approximately US$5.50 per share of Virgin Mobile USA common stock. Prior to the purchase, Sprint Nextel owned 13.1% of Virgin Mobile USA.

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When did Virgin Mobile stop providing Helio?

Sprint Nextel announced in March 2010 that Virgin Mobile USA would stop providing service to Helio post-paid customers on May 25, 2010. Sprint Nextel offered Helio customers incentives to switch to Sprint-branded service plans.

Is Virgin Mobile pulling out of Target?

In mid-2018 Virgin Mobile was pulled out of Target stores. Shortly thereafter a majority of the Virgin Mobile workforce was laid off. In April 2019 the brand was pulled out of Best Buy and in May, Meijer. In October 2019, Virgin Mobile was pulled from Walmart leaving the company without a national retail presence.

Is the inner circle the same as Virgin?

Customers on the Inner Circle plan are eligible for member benefits. The concept is the same as Virgin Mobile Canada ‘s program of the same name, which was first introduced in 2010, and competitor T-Mobile Tuesdays, which was introduced in 2016. Most member benefits differ between the American and Canadian versions, though the programs do share some partners and deals in common, including H&M and Virgin Hotels .

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What was the first 4G phone?

The HTC EVO V 4G, which was also previously released by Sprint as the HTC EVO 3D was the first 4G smartphone. On February 25, 2013, Virgin Mobile USA released the Samsung Galaxy Victory 4G LTE, its first 4G device using Sprint’s 4G LTE network.

Who Owns Wireless Spectrum in Canada?

First off, you might be wondering what ‘wireless spectrum’ means. Essentially, all of our wireless communications travel over what is called spectrum or radio frequency. These frequencies were initially owned and controlled by the government and sold to carriers. Carriers build out network towers to have the signal reach all corners of our nation.

Who owns all of these subsidiary brands?

So you’re probably thinking great, all these large carriers are owned by even larger corporations with tons of resources at their disposal. But what about brands like Koodo, Public Mobile, Virgin, Fido, Chatr and Lucky Mobile – who owns them? What’s the need for them?

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What is a Mobile Virtual Network Operator?

So hopefully the mobile carrier scene is starting to get a little clearer.

Acquisitions

While Mobilicity and Public Mobile had both acquired their own wireless spectrum through the government auction process as part of the government’s attempt to increase competition in the Canadian mobile carriers space, that didn’t last very long with both being sold to one of the larger carriers.

Who bought Virgin Media?

In 2013, Virgin Media was bought by US firm Liberty Global for around £15 billion. It’s not clear whether Sir Richard still has a financial stake in the firm, but it’s certainly not a big one, if he does. (By the way, you can see the list of 114 companies Branson is still involved with by clicking here .)

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Does Branson own Virgin Media?

Cut off: Branson doesn’t own Virgin Media (pic by [email protected]/Flickr) Sir Richard Branson is not a popular chap at present. After pleading with the British government to bail out Virgin Atlantic, he then announced plans to shed around a third of the airline’s jobs.

Overview

History

Virgin Mobile USA was formed in 2000 in San Francisco. In July 2000, John Tantum and Dave Whetstone pitched Richard Branson on entering the U.S. market after Virgin had successfully launched Virgin Mobile in the United Kingdom in 1999. At that point, the U.S. team began pitching the U.S. mobile operators on the concept of an MVNO, which at the time was not well understood. The MVNO concept Virgin Mobile was pitching to mobile operators was a joint venture, where b…

Services

Virgin Mobile USA offered wireless products and services through Virgin Mobile.
Virgin Mobile-branded service was available within the contiguous United States, Hawaii and Puerto Rico coverage areas under the Sprint nationwide network.
Assurance Wireless is a telephone service subsidized by the federal Lifeline Assistance program, a government benefit program supported by the federal Universal Service Fund.

Network

Virgin Mobile USA provided wireless services in the contiguous United States, Hawaii, and Puerto Rico via parent, Sprint’s nationwide CDMA, EVDO, LTE, and Sprint Spark networks.
Since June 27, 2017, Virgin Mobile USA sold the iPhone in various models. Options included:
Customers who already owned an iPhone were able to bring it to Virgin Mobile USA if it was compatible. From February 2018, grandfathered customers without the iPhone-only Inner Circle …

Services

Inner Circle Virgin Mobile USA has one plan offering for new customers. The iPhone-only Inner Circle plan offers customers unlimited talk, text and data for $50. However, when users purchase an iPhone or bring their own iPhone and port their number to Virgin Mobile, the first 6 months of service are $1 per month. The Inner Circle plan also promotes “perks” that customers have exclusive access to as Inner Circle members. These “perks” include a companion ticket on Virgi…

Account security

In September, 2012, media outlets began reporting on the findings of Kevin Burke, a software developer and Virgin Mobile USA customer. Burke’s experimentation led him to claim that Virgin Mobile USA’s account security practices did not adequately protect customer account information.
To access their account via the Virgin Mobile USA website, customers must enter their ten-digit …

Marketing

Beginning on May 2, 2011, Virgin Mobile USA launched a campaign that revolved around a fictional Hollywood celebrity couple “Sparah”. The campaign was expected to last six months, but ran through the end of 2011. Virgin Mobile produced multiple videos and photo galleries that starred the fictional couple and posted them to a dedicated website “sparah.com.” Virgin Mobile USA hoped to connect the ability for consumers to enjoy data-intensive web content using a Virg…

Retail presence

Virgin Mobile products and services were sold via the virginmobileusa.com web site and at partner retail outlets, including Best Buy, RadioShack, Target, Fred Meyer, and Walmart.

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