Now that Q4 results are in, it seems more evident that the traditional MVNO (Mobile Virtual Network Operator) model is suspect. this morning Virgin Mobile, one of the strongest of these companies, got hit with a 53% loss in stock price Virgin Mobile USA’s stock plunges on Q4 results. This is particularly troublesome because Virgin enjoys a unique relationship with Sprint (their carrier) as they cater to a demographic (pre-paid youth market) that Sprint cannot touch without them.
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