Tech

Virgin Mobile Wants More Money; Think Twice Before Providing It

Virgin Mobile USA has quintupled the amount of money it hopes to raise in its IPO, according to forms filed Friday with the SEC. Warren, N.J.-based Virgin Mobile, a “virtual” wireless carrier that re-sells service on Sprint Nextel’s network, now hopes to raise $506 million , a sharp increase from […]
Tech

Verizon Wireless Scorched By iPhone?

Verizon Wireless — which passed up a chance to sell Apple’s iPhone (reportedly because Apple  wanted the world) — may have taken the hit that some expected in the quarter leading up to the gadget’s release. The Basking Ridge, N.J.-based wireless provider said Thursday that its retail subscriber base grew […]
Tech

Virgin Mobile’s “Sugar Mama” Promo Not So Sweet

Virgin Mobile USA reported mixed results Monday from its “Sugar Mama” program, which lets customers earn free mobile phone minutes by watching and responding to ads and surveys via computer and text message from advertisers like Pepsi, Microsoft, Nintendo and Sony. Virgin said its wireless subscribers “earned” 9 million minutes […]
Tech

Amp’d Troubles Run North

Add another company to the list burned by Amp’d Mobile, the bankrupt “virtual” mobile phone carrier that went out of business this week. Canadian mobile phone carrier Telus, which sold Amp’d service north of the border, said its venture investment and business with Amp’d dented its second-quarter earnings by 4 […]
Tech

Txtbl: Mobile Email For The Masses?

New York’s Amol Sarva has already shaken up the wireless industry once — now he’s looking to do it again with a new venture, Txtbl. Sarva helped found and build Virgin Mobile, which in five years has grown to about 5 million subscribers nationwide.
Tech

New EarthLink CEO Tightens Helio’s Cash Leash

“Virtual” wireless carrier Helio, which resells access to Sprint Nextel’s network, is still burning cash at an alarming rate. EarthLink, which co-owns the wireless company along with Korea’s SK Telecom, said today that Helio lost $84 million last quarter on $33 million of revenue. New EarthLink CEO Rolla Huff is […]
Tech

Amp’d To Live Another Week. Also: What’s TechCrunch Smoking?

Customers of bankrupt “virtual” mobile carrier Amp’d Mobile scored another week to find a new wireless provider. Amp’d has updated its Web site and now says service may shut down July 31 — not today, as it had previously posted (via MocoNews). Also of note, ousted Amp’d founder Peter Adderton […]
Tech

Ocean A Slick Phone, But Helio Incinerating Cash

Brooklyn native Charlie O’Donnell, former director of consumer products for Oddcast, founder of the NextNY Digital group, and recent Alley returnee, toyed with his new Helio Ocean for a month out west — and he digs it. So do we. Alas, the vital signs of the phone’s maker, Helio, aren’t […]
Tech

Amp’d Shutdown Bad For Virgin Mobile IPO?

Bankrupt “virtual” wireless carrier Amp’d Mobile, which resells service on Basking Ridge, N.J.-based Verizon Wireless’ network, may shut down tomorrow according to a new posting on their Web site (via MocoNews). As I noted last month at Forbes.com, Amp’d Mobile’s failure could be bad news for Warren, N.J.-based Virgin Mobile […]
Tech

Crappy Products That Lasted Longer Than The HP TouchPad

[credit provider=”Business Insider Illustration”] After just a month and a half on the market — 49 days, to be exact — HP is giving up the TouchPad and its mobile OS, WebOS.The tablet was no iPad killer, selling just 25,000 units for Best Buy over the 49 days it was […]
Crappy Products That Lasted Longer Than The HP TouchPad
Tech

10 Tech Flops That Survived Longer Than The Microsoft Kin

The most impressive thing about Microsoft’s failed Kin mobile phone project is how quickly Microsoft canceled it once the company had figured out it was a bomb.After announcing the Kin 1 and Kin 2 social networking phones on April 12, Microsoft confirmed it was killing the Kin on June 30, […]
10 Tech Flops That Survived Longer Than The Microsoft Kin
Tech

Helio Ocean 2 Coming As Soon As Next Month (VM)

Helio, the “virtual” wireless carrier purchased by Virgin Mobile USA (VM) last year, plans to start selling the second edition of its flagship “Ocean” mobile phone sometime this quarter, a company rep tells us. The phone could go on sale as soon as next month.
Helio Ocean 2 Coming As Soon As Next Month (VM)
Tech

mobile phones-For-Seniors Service GreatCall Raises Another $38 Million

Despite a handful of high-profile flops, money keeps flowing in to “virtual” mobile carriers: GreatCall, which runs the Jitterbug mobile phones-for-seniors service, has raised a $38 million Series C round led by Court Square Ventures. Existing investors Steelpoint Capital, Charles River Ventures, Nauta Capital, and company founders Marty Cooper and […]
mobile phones-For-Seniors Service GreatCall Raises Another $38 Million
Tech

Helio Closing Stores. Time To Hang Up?

“Virtual” wireless carrier Helio could be on its last legs. We hear that it’s finally closing its barren retail stores this week, confirming a few earlier reports. And even if a last-ditch sale to rival Virgin Mobile (VM) happens, we doubt Helio has much left to offer the mobile industry.
Helio Closing Stores. Time To Hang Up?
Tech

Why A Virgin Mobile-Helio Deal Makes Sense

“Virtual” mobile carriers Virgin Mobile USA and Helio each have something the other doesn’t: Helio has cool phones and high-end subscribers happy to pay $85 a month on mobile phone service, and Virgin Mobile has a real business, where it has more than 5 million subscribers and makes a profit.
Why A Virgin Mobile-Helio Deal Makes Sense