Virgin Mobile facing more problems

 

As we’ve seen a number of smaller carriers and MVNO’s close their doors over the last 12 months, it’s clear that things aren’t so easy for the little guys in the American wireless business. The most recent carrier facing a bit of trouble looks to be Virgin Mobile. A recently leaked internal document reveals that the company is in the midst of a major restructuring. The document, an email from Virgin’s CEO Dan Schulman, attempts to sugar coat the 85% drop that the company’s stock has seen since Oct 16th, 2007. What he can’t sugar coat, however, is the fact that the company is consolidating their two main offices in to one NJ location, firing a significant potion of their IT staff and replacing them with outsourced IBM goons in the process. Not fun. That said, streamlining a dying company is a good move, but whether this will be enough to save a dying company remains to be seen. Our gut feeling is that they probably need to put some effort into manufacturing handsets and services that are a bit more…appealing if they have any hope of winning over an already resistant market.

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8 Responses to “Virgin Mobile facing more problems”

  1. 1
    Galvatron says:

    Dosn’t matter theay are still remtint speints network that’s what killing them an $100 for 80 minutes just dosn’t make sense

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  2. 2
    brandon says:

    this statement has to be untrue. Virgin mobile just bought a successful company called Helio

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  3. 3
    vanessa says:

    what company is this phone with?

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  4. 4
    Olga says:

    Umm…Im pretty sure that this is the “Switch Back” This phone though was discontinued I think beacuse I really wanted it too. If anybody has any info on how to get it in Virginia please e-mail me at NatrualBLOND94@yahoo.com.
    Thanks.

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  5. 5
    KARLA BABBIE23 says:

    iiight this phone is the shit so fuck yhull HATERS!!!!!!! AND WELCOMES TO MY LOVERS

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  6. 6
    scott says:

    oh man i dont know any of that but i have that fone and its sweet…the keys are a little small though

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  7. 7
    scott says:

    oh man this fone is soooo sweeet…the keys are a tad small though and if its in ur pocket you sometimes dial stuff

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  8. 8
    YoungC says:

    let this and boost die….

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