# Virgin Mobile USA

Virgin Mobile USA is an Asset Manager based in San Francisco, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** San Francisco, United States
- **Region:** Europe
- **Address:** San Francisco, CA, United States
- **Founded:** 2001
- **Assets under management:** Undisclosed
- **Website:** virginmobileusa.com
- **LinkedIn:** https://www.linkedin.com/company/virgin-mobile-usa

## Regulatory record

- **Reports private funds:** No

## About

Virgin Mobile USA provided prepaid wireless communications services. It offered social networking, mobile broadband, messaging, email, ringtones, music, and other content for mobile devices. The company was founded in 2002 in Kansas City, Missouri, and ceased operations in February 2020.

## Sectors

- Telecommunications
- Media & Entertainment
- Consumer Services

## Offices

- Luxembourg
- Dammam
- Kobe-shi
- Phoenix

## Questions

### What network did Virgin Mobile USA use?

Virgin Mobile USA used Sprint's CDMA network for its wireless service. This arrangement was formalized through a joint venture agreement between the Virgin Group and Sprint. The relationship made Virgin Mobile one of the earliest successful MVNOs in the United States.

### Did Virgin Mobile USA go public?

Yes, Virgin Mobile USA went public on the New York Stock Exchange in October 2007, issuing shares under the ticker symbol VM. The IPO raised approximately $413 million. The company was then acquired by Sprint Nextel in 2009 for $483 million, which was a premium over the market price at the time.

### How is Virgin Mobile USA related to the Virgin Group?

Virgin Mobile USA was a joint venture between the Virgin Group and Sprint. The Virgin Group licensed its brand and provided strategic direction, but did not own the network infrastructure. After the Sprint acquisition, the Virgin Mobile brand continued as a prepaid product line under Sprint's Boost Mobile division.

### Is Virgin Mobile USA still operating?

The Virgin Mobile USA brand name and prepaid service continue to exist as part of Boost Mobile, which is owned by T-Mobile (Sprint's successor). The original corporate entity was dissolved after the acquisition. The brand operates under Boost's prepaid offerings.

### What was unique about Virgin Mobile USA's market approach?

Virgin Mobile USA was one of the first major US carriers to offer prepaid service without annual contracts, targeting teens and young adults with a 'no-contract, no credit check' model. Its marketing relied on a youthful, rebellious brand image — including partnerships with MTV and celebrity spokespeople — distinct from the more formal branding of incumbents.

## Related profiles

- [Havaianas](https://altss.com/profile/havaianas)
- [The Diller – von Furstenberg Family Foundation](https://altss.com/profile/the-diller-von-furstenberg-family-foundation)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/virgin-mobile-usa

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology