Sprint Buys Virgin Mobile | UPDATED — 2025 |

As part of the agreement, Sprint retired up to $205 million of Virgin Mobile’s outstanding debt.

Blog Post Idea: Sprint Dials Into Prepaid with Virgin Mobile Acquisition sprint buys virgin mobile

Sprint paid approximately $483 million in stock to bring Virgin Mobile fully into the fold. As part of the agreement, Sprint retired up

The wireless landscape just shifted in a big way. Sprint Nextel has officially closed its acquisition of Virgin Mobile USA, a move that doubles down on the thriving prepaid segment. In an economy where consumers are increasingly value-focused, Sprint is positioning itself to lead the "no-contract" revolution. Sprint Nextel has officially closed its acquisition of

Dan Schulman, former CEO of Virgin Mobile USA, will now head Sprint’s combined prepaid division, overseeing both the Virgin and Boost Mobile brands . Sprint to acquire Virgin Mobile | The Seattle Times