08:21 AM
Sprint Nextel (S) to acquire Virgin Mobile (VM) in an all-stock deal worth around $5.50/share ($483M). Sprint already owns 13.1% of Virgin, which offers cheap prepaid wireless plans. It will also retire $205M of Virgin's debt.
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Monday, November 10, 2008
16:23 PMVirgin Mobile (VM): Q3 EPS of $0.08 beats by $0.04. Revenue of $323M (+1.2%) vs. $315M. (PR)
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Wednesday, August 13, 2008
16:22 PMVirgin Mobile (VM): Q2 EPS of $0.07 beats by $0.05. Revenue of $317M (+2.5%) vs. $314M. Sees Q3 EPS of $0.00-0.03 vs. $0.08. Shares +9%. [PR]
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