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Virgin Mobile USA post good results for First Quarter of 09

Under: Phone Business & Stocks Date: May 12th, 2009

Virgin Mobile USA post good results for First Quarter of 09

Virgin Mobile USA has announced Q1 09 revenues that double last years first quarter figures states Intomobile. Virgin Mobile USA announced quarterly revenue of $13.5 million which is up from $4.8 million on Q1 of 08.

However, Virgin Mobile USA lost 166,000 subscribers who opted to move over to other pre pay carriers, which is a substantial loss of customers in anyone’s book.

Most of the success of the first quarter results is put down to Virgin Mobile USA’s new hybrid plans that deliver post-paid calling plan features combining them with the flexibility of contract free.

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