Sprint Nextel: Virgin Mobile USA acquisition complete
Sprint Nextel has announced that they have now completed their acquisition of Virgin Mobile USA.
The deal was worth around $483 million and it would help Sprint in the pre-paid segment of the US market.
Sprint already was a stakeholder in the company as Virgin Mobile USA used their [...]
Sprint Nextel settling lawsuits related to Virgin Mobile USA acquisition
US based mobile service provider Sprint Nextel has revealed that they are settling a couple of lawsuits filed against them in relation to their acquisition of Virgin Mobile USA.
The company further stated in a regulatory filing that they are going to release more information [...]
Federal Trade Commission approves acquisition of Virgin Mobile USA
Sprint Nextel has gained the approval from the Federal Trade Commission to acquire Virgin Mobile USA.
The deal is worth around $483 million.
FTC said that they have no objection to this deal.
Sprint still requires the approval from other government bodies like Federal Communications Commission.
Industry experts [...]
Sprint Nextel acquiring Virgin Mobile USA
US based telecom giant Sprint Nextel has announced that they are acquiring Virgin Mobile USA.
The deal is worth around $483 million.
With this, Sprint would expand their presence in the prepaid mobile services segment in the US market.
The company added that they would retain the Virgin Mobile for the time [...]
Virgin Atlantic fire employees for criticizing the company on Facebook
Virgin Atlantic has confirmed in a statement that they have sacked 13 of its cabin staff.
These staff members were found to be criticizing the company on the social networking service Facebook.
Reports claim that these employees also criticized some of the travelers on the flights.
The company [...]
Virgin Group enters the Russian market
Virgin Group has now announced their entry into the Russian market.
Virgin Group’s founder Richard Branson spoke about this new venture: “I am delighted to announce Virgin’s first business in Russia… Virgin Connect will demystify the complex tariff jungle and bureaucracy seen in the market over the last years.”
With Virgin [...]
Virgin Charter service to be launched today
Richard Branson is all set to launch Virgin Charter service today.
It would be an online service to provide charter private aircrafts.
The company said that this new service would enter the $30 billion market for booking private air travel.
They aim to make it easier for the interested customers to avail [...]
