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Sprint Purchases Virgin Mobile For $483 Million

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Yes, that's right. Sprint has just bought Virgin Mobile for $483 million. I don't really know what Sprint could do with Virgin Mobile, but it looks like they will be launching the low-end phones for Sprint, so nothing will change. Sprint also purchased Boost Mobile a while back, so Engadget suggests that Sprint will probably pair up both Virgin Mobile and Boost Mobile. Either way, it's an acquisition - even if it won't mean much.

[Engadget Mobile]



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