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Virgin Mobile (VMED) introduces the Venture, a low-end Android (GOOG) phone from Alcatel One...

Virgin Mobile (VMED) introduces the Venture, a low-end Android (GOOG) phone from Alcatel One Touch (ALU) that sells for a mere $99 without contract. The Venture and other inexpensive Android models should play a big role in boosting the U.S. smartphone penetration rate from a recently-estimated 44%, now that much of the low-hanging fruit has been picked off.
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