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 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 [...]