Sprint Nextel Corp. has reached an agreement to acquire Virgin Mobile USA Inc. for approximately $483 million to strengthen the carrier's prepaid offerings. That figure includes the value of Sprint's ...

According to a new internal Virgin Mobile memo, Apple will be releasing an updated (PRODUCT)RED iPhone 8 and 8 Plus as early as Monday, with pre-orders starting imminently. U.S. prepaid carriers ...

Virgin, for its part, says the move is meant to bring its mobile brand more in line with the swankier image of its other businesses. But while Apple's phones are not cheap, prepaid phone users ...