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prepaid cell phones

Sprint picks up Virgin Mobile for $483 million, bolsters Sprint’s prepaid department

by at July 28, 2009 7:14 pm

A definitive agreement was reached today when the board of directors of Sprint Nextel and Virgin Mobile USA agreed to Sprint purchasing Virgin Mobile for $483 million. Virgin Mobile is perhaps best known for their prepaid phone sales and Sprint plans to use Virgin Mobile to improve their standings in the prepaid phone department.